Total Compensation Statements
Employees often underestimate and underappreciate the investment employers make in their total compensation. BCI prepares detailed Total Compensation Statements to illustrate an employee’s complete benefit and compensation package. These Statements highlight employer contributions, tax savings associated with the total package and retirement funds.
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"BCI began handling our Benefits Administration process after failures with other providers. The entire experience has been wonderful for our employees, HR and management. "
-Julie Johnson, Senior Benefit Analyst
Real-time HR Reporting
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Employer wanted to use a third party to perform the verification for several reasons:
- Not enough HR staff to perform the process
- Removing ineligible dependents could be viewed negatively by some employees
- Employer’s records were a challenge from an accuracy perspective
- Employer needed more data collected from their employee base – like beneficiaries, emergency contact information, etc.