Benefits Package Template
A benefits package includes high level information regarding the plans as well as a list of benefits with any quantitative limits or exclusions that each listed plans will cover.
Benefits package template. Download this template in a doc format by clicking on the link at the bottom of this page. Complete a separate benefits package worksheet for each unique benefits package the issuer wishes to offer. What is my employee total compensation package worth. Firms also use it to market to future candidates by highlighting their competitive benefits package.
Best of all you can run as many of these thorough employee compensation statements as you want for just 20 per employee per statement. Employee benefits come in many forms and are an important part of the overall compensation package offered to employees. A generous employee benefits package can be an excellent way to keep the talent you have and to recruit the cream of the crop. To create additional benefits packages click the create new benefits package button on the menu bar under the plans benefits ribbon.
This plan offers the use of a tax exempt health savings account hsa to help you save money for medical expenses. However this information can be difficult to communicate without a clear document. Use this calculator to help illustrate the total compensation package for an. The plans benefits template requires issuers to assign a network service area and formulary id to each plan based on the ids already created in these three templates.
Prime contributes money into your hsa. Employees need to be well informed about benefits and perks your company offers. Purchase benefit statement software today or view a free demo. Multiple benefit packages may be made for each template.
Click the report image below to download the full size pdf sample employee compensation statement. Your employees may be surprised to find out how much is paid out in other benefits in addition to their salaries. This includes salaries bonuses and perks like medical aid health insurance etc. Employee benefits and perks.
A compensation plan template is used as an agreement between two parties which state what one would get in return for the services it provides to the other. An employee benefits package template is an effective tool used to educate employees about offered benefits. Use this template as a guide and include it in your complete employee handbook. 500 for employee only coverage or 1000 if you are covering dependents.
The most common is between an employee and a company. In this article well outline common examples of small business employee benefits. Simply put employee benefits are any form of compensation paid to employees over and above regular salary or wages.