Total Reward Statements
Make sure your employees understand and appreciate their benefits
Successful companies recognise the value of rewarding employees with financial and lifestyle benefits to enhance their salaries. Putting in place an employee benefits scheme is one thing but making sure your employees are fully aware of the benefits they are receiving is quite another.
It may surprise you but many employees have no idea what their benefits are worth. In fact, it has been estimated that most people underestimate the actual value of their benefits by up to 70 per cent*, reducing the motivational and retentive effect of the financial investment you have made as a responsible employer.
Total Reward Statements
We can offer the ideal solution by giving your employees instant access to information showing the value of their benefits as and when they want it - whether at work, at home or even overseas.
This useful and highly cost-effective module has been specifically designed as a stand alone solution or to be integrated with your existing benefits scheme.
Through Total Reward Statements your employees will see a list of their benefits enabling them to digest the exact value of their combined salary and benefits for the current year, thereby maximising the impact of their total remuneration package and increasing employee engagement levels.
Company branded and simple to access
You can now offer your employees instant access to personalised and company branded Total Reward Statements at home or at work. Employees access the information via a dedicated, password-protected web site and printed versions are available for those without internet access.
Easy to install
It's quick and easy to implement Total Reward Statements, either on their own or combined with other Motivano modules - including Benefits Management & Flexible Benefits.
See how they can help your employees make the most of their benefits and act as a motivational incentive and improve employee engagement.
Source: eLuminate Learning Systems
