Total Reward Statements

Do your employees truly understand the value of the benefits you are providing them? Are you wasting money by not effectively letting them know the full extent of the remuneration package available to them?

Communication is the most important key to success. No two communication strategies will be the same as each employer will be different. However, Total Reward Statements, or "TRS", is a good vehicle to start the communication process and help employees understand the true value of their remuneration on offer over and above their basic pay.

The statement should include and put a value on, not just tangible benefits such as pay, pensions, healthcare and life insurance but also on non-financial rewards such as a staff canteen or opportunities for career and professional development.

JMF Employer Services will work with you, using the latest technology, to demonstrate the true value of benefits to your employees, with consolidated and up-to-date on-demand total reward statements in well presented, easy to understand formats with graphical representation. The benefits will be presented aggregated in a consistent form from different benefit providers and systems, together with staff handbooks, financial news, information and guides.

To find out more about how JMF Employer Services can support you in engaging employees in the total reward process please contact us now.