Studies have shown that many employees under-appreciate and simply don't fully understand the true value of their company provided benefits program.

Companies invest a great deal of time and money in recruiting, training and retaining their employees.

When it comes to retention, employers rarely spend more dollars on any single aspect of a program than they do with their comprehensive benefits plan.

According to a recent U.S. Chamber of Commerce Employee Benefits Study; benefit programs cost companies an average additional 36.8% of wages.

The chamber adds that "Employers continue to make a major investment in employee benefits as an indispensable employee retention tool".

In spite of these efforts and their staggering costs, many employees almost exclusively think of their compensation as just their hourly rate or annual salary. This can lead to low employee morale and higher turnover.

Personalized statements can and should be an important part of your overall strategy in addressing this concern.

More >>>