As part of ongoing communication with your employees, ADP offers personalized, electronically-delivered Total Compensation Statements. These statements illustrate to your employees the value of the benefits you're providing, while also allowing them to make informed decisions that will affect their future.
Total Compensation Statements provide:
- An introductory letter from a key executive
- A snapshot overview of total compensation, with charts
- Details of employee and employer contributions
- Health, disability, and life insurance information
- Retirement plan information, both current and projected
- Company stock information, for companies who offer stock purchase/options
- Additional benefits, such as employee assistance plan, tuition reimbursement, or adoption assistance
ADP gathers the data, produces the materials, and can print them or prepare them for distribution via the web. For you, this means immense time and cost savings, and for your employees, it means that they can see all of their benefit features in one place.