Firm Announces Benefits Suite Enhancements
An AMS Benefits news release said that the new Benefits Benchmarking tool allows employers to compare their benefit packages to other employers. Also, Total Compensation Statements, which gives employers a vehicle to communicate the total value of the pay and benefits programs to workers, has been added to its BenefitsCenter application.
The Benefits Benchmarking feature provides access to
benefits information including average employee size,
average amount spent on health care or the total amount
spent on employee benefits. With this application,
brokers can benchmark against their own customer base or
against a larger pool to determine how their clients
compare to national averages.
The Total Compensation Statements solution delivers
information to employees either online or as a printed
statement. Employees see a comprehensive snapshot of their
cash compensation, including base salary, commissions,
bonuses and overtime, as well as their employee benefits,
including health care and retirement benefits, paid-time
off, vacation time and tax savings programs.
For more information, contact 866-807-4821 or visit
www.amsworld.com/benefits
.