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Benefits Statement
Non-cash compensation is 30% or more of most pay packages.
Pay-stubs alone are not effective communication. They do not show the employee the total value of their benefits.
What the employee sees:
- Deductions for FICA and taxes
- Deductions for Medical, Dental, and Life Insurance
- Increasing healthcare costs
What the employee does not see:
- Employer’s share of the FICA
- Employer’s share of the Medical, Dental, and Life Insurance
- Employer’s share of the 401k and Retirement payments
- Employer’s share of increased healthcare costs
We will ensure that your employees know the value of their total compensation package through a customized, confidential, one page overview for each employee. |
