Benefit Statements
Personalized Benefit Statements illustrate the value of the benefits package the employer offers. Employees sometimes overlook this “hidden paycheck.” Reviewing this statement can improve employee morale and retention.
Employers often use benefit statements prior to the open enrollment period to remind employees of the benefits in which they already participate. The statement can also illustrate other available benefits employees
may wish to consider at the upcoming enrollment.
Some employers prefer to present benefit statements after the open enrollment as a confirmation of the benefits in which the employee participated.
If desired, Benefit Coaches can review the statement with each employee, further educating the employee on any benefits the employer wishes to emphasize.