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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