Study: Total Compensation Statements Should Be “Top and Immediate Priority”

Posted on September 8, 2009

2


MetLife recently released the results of the company’s 2009 Open Enrollment Poll, which surveyed employees in order to gauge trends in attitudes toward benefits decisions as many companies head into open enrollment season.

One of the poll’s findings was that “employer communication makes a notable difference in employee engagement in. . . benefits decisions.”  MetLife singled out total compensation statements as an important communications tool:

For employers seeking to improve communications, distributing personalized, clear and understandable Total Compensation Statements, which communicate to employees the value of their total compensation and benefits, should be a top and immediate priority.

Couldn’t have said it better myself.