What comes to mind when hearing the words Total Compensation Statement? Do you think of the statement as a piece of paper that briefly tells an employee about their compensation and benefits? Is it something that is sent out periodically to tell employees about what the company is doing for them? Just what are Total Compensation Statements?

Total Compensation Statements have become the single most effective tool for communicating the value of a company’s rewards to employees. However companies are not communicating the millions of dollars they are spending on their compensation and benefits.

“Your Total Compensation Statements had a tremendous impact on improving our communication with employees.”