Show employees what you spend on them, from taxes and vacation days to pension contributions and health subsidies. Employees get much more than just salary- they just don’t know it! From our Compensation Gap study, we found that 8 of 10 employees do not fully understand nor appreciate all that their employer offers. They point to salary and little else. When pressed to give a monetary value of their employer’s investment in them, 66% could not do so accurately. This ignorance and the resulting underappreciation is significant: 33Euros of every 100Euros you spend on your employees is lost. With access to digital payslips plus a graphical visualization of their total rewards, employees are presented the information they need in a manner that is clear and transparent.
The result of Benifying: Your employees get smarter about what they “get” from you and won’t rush off to join your competitors, taking their knowledge with them.