Total Reward Statement
Communicate all the benefits you offer to employees
Employees receive more than just a salary
Whether it be bonus, commission, or the financial cost of benefits provided (e.g. pension or life cover), employees generally aren’t aware of everything you provide for them. A Total Reward Statement (TRS) allows you to communicate these extras in a simple and elegant fashion to ensure your employees understand and appreciate all that they receive for working at your company!
This has been shown to help with increased employee engagement and reduced turnover rates.
Unlike other platforms which only show an annual, BORIS pulls through monthly pay data to your TRS. This means live data such as recent bonus and commission (and any other pay fields for that matter!) is pulled through automatically upon each pay upload. Motivate employees by showing them just how much extra they’ve made so far this year.