Employee Benefits Statement

January 12th, 2010   •   No Comments   

As a business owner, do you know if your employees understand the true value of the benefits that you provide to them?

Chances are they do not understand the true value of the total package.

When I am sitting down with someone who has either lost or quit their job for what ever reason, the biggest coment I hear when looking at the cost of health insurance is:

I only paid $150 per month at my old job, why is it $600 per month now when I am getting it on my own?

There are some that do understand that their employers pay half, if not most of their health benefits, but most of them do not.  This is where the education factor comes in and why we use an employee benefits statement.

Using an employee benefits statement not only shows how much their compensation is, but it can also show how much their total compensation package is for working at your business.  You know that what you pay them every week or month is not the total cost and by your employees knowing what their total benefits package is makes them appreciate you and their job that much more.

By using a statement like the one above, your employees now feel more valued because they understand it’s not just the $23,000 that they take home, they actually are being compensated almost $31,000.

Now wouldn’t you feel more appreciated at a job that pays you almost $31,000 as apposed to a job that only pays you $23,000?  You are already paying them that, let us help you communicate that to them for free.

Share this article

Leave a Reply

You must be logged in to post a comment.