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Every employer today is facing the same challenges you face: rising healthcare costs, changing federal and state regulations, increasingly complex claims processing, and employee demands for more choices and better benefits. The good news is that many employers realize there must be a way to leverage all this change in the marketplace to the benefit of their employees and their organization. They come to us for help; and we immerse ourselves in their organizations, then build new strategies for their success. |
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Here are their stories. Yours could be next.
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Give your people an extra pay slip.
Benefits can be a cornerstone of your recruitment and retention strategy, but only if your workforce understands the true value of their compensation.
That's why we recommend that you provide a total compensation statement. It's like an extra pay slip that shows your employees the actual dollar value of their compensation package. Each pay period, employees get an updated statement (on paper or online) with a year-to-date summary.
Employees soon realize that, "My salary is $50,000, but my employer actually pays me over $80,000 a year in total compensation."
It's a great way to increase employee retention and appreciation.
Check back often for new brainstorms!