Good employees want access to three things:
- Access to health insurance
- Access to a retirement plan
- Paid Time Off
Whether an employee chooses to participate in the company health insurance program or company retirement plan, good employees want options. They want to feel like they know what’s going on and where they stand. They want to they work for a company that does well enough to offer decent benefits.
To help employers communicate with their employees, monthly employee benefit statements are mailed to each employee at their home. Regardless of program, each statement includes a detailed breakdown of hours worked, hours paid, fringe benefit amounts earned and paid, and account balances.
Employers also receives a monthly record of employee statements, along with aggregate level company reports.