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This benefits statement summarizes the value of benefits provided by [name of company] to the employee for the current year. It details the health and welfare benefits including medical, dental, and disability insurance that are fully paid for by the employer. It also lists the paid leave benefits such as vacation, sick leave, and holidays. Finally, it quantifies the total value of employer-provided benefits and adds this to the employee's salary to show their total compensation package.
This benefits statement summarizes the value of benefits provided by [name of company] to the employee for the current year. It details the health and welfare benefits including medical, dental, and disability insurance that are fully paid for by the employer. It also lists the paid leave benefits such as vacation, sick leave, and holidays. Finally, it quantifies the total value of employer-provided benefits and adds this to the employee's salary to show their total compensation package.
This benefits statement summarizes the value of benefits provided by [name of company] to the employee for the current year. It details the health and welfare benefits including medical, dental, and disability insurance that are fully paid for by the employer. It also lists the paid leave benefits such as vacation, sick leave, and holidays. Finally, it quantifies the total value of employer-provided benefits and adds this to the employee's salary to show their total compensation package.
for the Year: (Formulas included) As an employee of [name of company[, you receive regular pay for the services you provide. The other part of your total compensation is the value of the benefits that [name of company] makes available to you and, if applicable, your family. The value of these benefits is your "hidden paycheck." This personalized benefits statement describes your hidden paycheck and is intended to give you a summary and the value of the benefits you personally receive. If you have any questions about this statement, please contact Human Resources. Employee Cost/ Contribution HEALTH & WELFARE BENEFITS Medical Dental Short-Term Disability Long-Term Disability Life Insurance Accidental Death & Disability (AD&D) Employee Assistance Plan (EAP) 401(k) Plan Pension Plan
N/A N/A N/A N/A N/A N/A
TOTAL HEALTH & WELFARE BENEFITS
PAID LEAVE BENEFITS
Vacation/Annual Leave Sick Leave Personal Days Holidays Other (Bereavement, Jury Duty, Military Leave)
N/A N/A N/A N/A N/A
TOTAL PAID LEAVE BENEFITS
FEDERAL AND STATE-MANDATED BENEFITS
Social Security Medicare Unemployment Insurance (Federal) Unemployment Insurance (State) Workers Compensation TOTAL FEDERAL AND STATE-MANDATED BENEFITS
OTHER BENEFITS Annual Bonus
N/A N/A N/A
N/A
Flexible Spending Accounts (FSAs)--Pretax benefit
(Amount of benefit related to individual tax bracket) TOTAL OTHER BENEFITS TOTAL VALUE OF EMPLOYER-PROVIDED BENEFITS