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Product for : Employers & Benefits Brokers
Available in: USA United States
   
Benefits & Compensation Statements

Ebix delivers several benefits and compensation statement options depending on an organization’s specific needs.

Printed Total Rewards

Printed Total Rewards are effective and important communication tools that educate employees about the total value of their compensation and benefits package.

Benefits:

  • Help employees have a clearer understanding of the total value of their cash compensation, deferred compensation and employer provided benefits and rewards
  • Help you prioritize the importance of employer provided benefits like medical insurance, retirement and paid time off in an easy to read and understand benefits summary
  • Help your organization improve employee awareness of the benefits costs
  • Help increase employee participation in voluntary benefit programs
  • Help your organization create a dialog with employees regarding strategic company goals and how total employee salary and benefit costs impact that goal
  • Help your organization improve morale and reduce turnover
  • Include all employee-paid and employer-paid benefits
  • Use your company logo, other supporting graphics, colors, benefit statement message (theme) and any unique requirements to reinforce your organization’s brand and culture

Fringe Facts® Communicator Software System

Fringe Facts Communicator is an affordable employee benefit communications software system that produces personalized benefit statements for employees. Fringe Facts benefit statements show a summary of the employee's employer paid benefits. The costs to the employer for these benefits can be presented in an easy to understand table with supporting pie charts and benefit explanations.

When employees see the total value of their "hidden paycheck" it often leads to improved morale, reduced turnover, and increased productivity. When turnover is reduced, the costs to recruit, hire and train replacements are lower. That translates to greater profitability.

Fringe Facts Communicator is the perfect solution for small to mid-size organizations that want a powerful but easy to use benefit statement program. Larger organizations with more complex benefits will find that Fringe Facts greatly simplifies the process of presenting their employer paid benefits.

TotalComp Online™

This fully outsourced online benefits and compensation communication service gives you the power, ease of use and flexibility to improve employee understanding and appreciation for their employer-provided benefits and compensation package.

Benefits:

  • Shows employees their total compensation including underappreciated and misunderstood employer-paid benefits
  • Gives you flexibility to present salary for time worked, paid time-off, and other cash and deferred compensation
  • Includes all employee-paid and employer-paid benefits
  • May include retirement and stock option information with links to the plan administrator to see their current account values
  • May include "what-if" calculators that allow employees to see how contributing to their Flexible Spending Accounts or contributory retirement plan impacts their after-tax take-home pay
  • May include confidential employee surveys or polls on any topic
  • May include links to medical providers so your employees can quickly and easily find medical care available to them under their current health plan
 
   
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