Corporate Benefit Specialists

EMPLOYEE BENEFIT COMMUNICATION

THE PROBLEM

Your employees know their net paycheck to the penny. You, as an employer, know the cost of wages to the penny, but you also know "the rest of the story" as it pertains to the other piece of total compensation - BENEFITS. Benefits are viewed as part of an employees total compensation and thus should be designed to help a company earn a profit. Benefits should assist in improving productivity, retention and recruitment.

When asked to guess the total value of their benefits, employees err by thousands of dollars. When asked to name the core benefits being provided, employees are unable to name them all: health, dental, life, disability, retirement, vision, holidays, vacation, statutory and more! Yet, companies continue to spend millions of dollars annually and "the rest of the story" goes untold. How consistently is your company's "total compensation" and "benefits" story being told?

THE SOLUTION

Since 1990, Corporate Benefit Specialists has focused on helping its clients' employees consistently gain a better understanding of their benefits along with the corresponding value associated with their benefits. Why not get more "bang for the buck"s you continue to spend, while also accomplishing the following:

start to develop a better understanding and thus appreciation towards benefits and their costs
build morale while improving employee retention
deliver to employees and their families their personal benefit report detailing the specific benefits they are enrolled in along with their corresponding benefit value

BENEFIT COMMUNICATION COMPONENTS

An effective benefits communication program consists of a number of components. Corporate Benefit Specialists can provide all or some of the following necessary ingredients for successful and consistent employee benefit communication.

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PERSONALIZED, ATTRACTIVE AND CONCISE BENEFIT REPORTS

Annually producing thousands of benefit reports, Corporate Benefit Specialists uses state of the art technology to:

detail each employee's benefits and costs
highlight specific benefits with greater detail and text
create multiple variations of benefit reports between employee groups within the same company
summarize benefit information from lengthy and complex booklets into easy to read and understand paragraphs
feature personalized message from employer with company logo displayed on the front of the benefit report

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EMPLOYEE GROUP MEETINGS

Simply handing out benefit reports or mailing them to employees severely inhibits the full effect which can be obtained through the use of employee meetings. Group meetings include a multimedia presentation discussing each aspect of benefits, cumulative company costs and answering questions. Each shift and location receives the same story while Corporate Benefit Specialists acts as an extension of your personnel department, bringing outside objectivity that is well received by employees.

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EMPLOYEE INDIVIDUAL MEETINGS

Experienced benefit counselors meet briefly with each employee as they receive their benefit report, further enhancing the impact and understanding of their benefits. This allows employees to ask questions. Our benefit counselors will either answer the questions or if need be, get back to the employee with an accurate answer. Depending on the number of employees and scheduling, Corporate Benefit Specialists benefit counselors can perform interactive electronic enrollment services of core benefits.

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MANAGEMENT SUMMARY REPORT

A multi-page analysis given to executives which details each benefit an employee is enrolled in with corresponding costs and averages. This serves as an excellent management tool when reviewing benefits.