How Can a “Personalized Benefits Statement” Help You Boost Your Esteem

As business owners struggle to provide benefits to their workers, little attention seems to be paid to effectively communicating the specifics of those benefits, and how they affect a company’s employees. According to the U.S. Chamber of Commerce, employers spend on average 40 percent of their earnings on employee benefits, beyond the standard costs of payroll. However, most employees have no idea how much their employers invest in them; nor do they understand how to take full advantage of those benefits.

Industry studies indicate that while employees receive thousands of dollars in benefits annually, most have no idea what those benefits are or how much they cost the employer. With a goal toward reversing that trend, Gary Insurance Group, a local benefits broker in Phoenix, AZ is pleased to announce the addition of a new service for employers in the Greater Phoenix area.

Through personalized benefit statement, an employer can demonstrate for each employee the hidden perks and bonuses beyond their paychecks in a concise, itemized, high-impact format.

Poor communication leads to low employee morale, lower profits and higher employee turnover. With a comprehensive, personalized benefit statement, an employer can help his employees understand their total compensation package. A professionally produced benefit statement in a variety of formats can be created in just a few weeks without tying up HR resources or time.

Gary

Insurance Group was founded on the basic premise that employee benefits and insurance strategies must be serviced not sold. For years, Gary Insurance Group has helped their clients achieve their goals of protection for themselves and that of their employee’s and their families.

Most employee surveys conducted in recent years point to benefits as employees’ major reason for staying with a company. Equally important as providing affordable coverage for its employees is the positive manner in which a company communicates the big picture of why it goes to all the extra expense of providing benefits. Gary Insurance Group can simplify this process through group meetings with employees during which the employer speaks in accessible language about which benefits they provide, demonstrating how much they care about their employees and their families.

For further information about how companies can benefit from professionally produced benefit statements, visit Gary on the Web at: www.GaryInsuranceGroup.com.