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Being able to show your employees exactly what they are getting in their compensation package could be the key in attracting and retaining good employees.
In this episode, Lorne Curry helps you understand what a total compensation statement is, and why it is important to use them for your employees. Lorne discusses how to create a statement so you can help your employees understand the benefits they are receiving.
Lorne discusses:
- The four main reasons you should be providing total compensation statements for your employees
- What you should be including in your statements
- How often you should be providing statements to your employees
- Negative consequences for not properly creating total compensation statements
- And more
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