Remove Commissions Remove Disability Insurance Remove Financial Compensation Remove IT
article thumbnail

What is a total compensation statement & how does it provide value?

Genesis HR Solutions

A total compensation statement communicates the entire value of an employee’s compensation package, including wages, which they already see in pay stubs, along with the hidden cost of the benefits that employers provide. A total compensation statement includes the monetary cost of all forms of compensation on the part of the employer.

401(k) 40