DON'T JUST CONSIDER PAY

CONSIDER TOTAL COMPENSATION

ABOUT US

Our Compensation and Benefits Statements Help Firms from Coast-to-Coast

Top Provider

BenComp has been among the top providers of benefits communication documentation since 1993. The company was founded by Curt Mead; a former insurance broker and employee benefits consulting professional.

Employee Retention

As competition for the most qualified employees grew, the traditional ways that HR employee benefits were communicated didn’t tell the whole story. In addition, there was a need for employers to share information about their increased costs for the benefits they already provided. BenComp began by solving these problems for their clients by creating a variety of benefit statement offerings.

Tenured

BenComp's signature benefit statements are powerful ways to illustrate employee compensation and benefits in a personalized way. Almost twenty years later, the nature of the employee benefit statement has transformed into an effective recruitment and retention tool. BenComp works hand-in-hand with clients to provide accurate, easy-to-understand solutions that set them apart from other employee benefit consultants.

Forward Growth

Today, BenComp has clients in all industry segments that range in size from 100 to 5,000+ employees. The firm’s steady growth is due mainly to referrals and existing client retention because of BenComp’s reputation for superior service, creative options, and customization.

DIFFERENTIATE

Capitalize on Your Existing Drivers of Retention

A recent survey by Spherion Staffing Solutions asked approximately 300 employers and about 2,500 workers to name their top "drivers of retention". Overwhelmingly, bosses listed soft items such as "management climate" or "supervisor relationship".

The employees' top two picks? Benefits and compensation.

In the current job climate, people who kept their positions have been disenchanted by layoffs, bonus and benefit cuts, and a lack of promotions. The result is a significant drop in the loyalty of top-performers.

ACTIONABLE

How can companies turn these disconnects around? By capitalizing on the total compensation packages they already have in place. BenComp specializes in partnering with companies to present individual benefit and compensation information in a simple, straightforward manner that is meaningful to employees.

Our Many Years of Success Are at Your Service

Based on our deep industry knowledge, BenComp can help you create a logical, clear design that is both effective and attractive.

Experience and Reputation

- Over 25 years experience in the industry

- New business is generated via referrals from existing customers

- We listen to our clients, leverage our experience, and work in partnership with our Clients

Project Completion

BenComp provides you with support that goes beyond just the delivery of your benefit statements by:

- Timely communication from start to end

- Statements and reports available for 1 year after project completion

- Provide follow-up employee surveys

Quality Assurance - Data

Our data cleaning process involves:

- Identifying data discrepencies

- Comparing prior year data (for existing customers) to identify discrepancies

- Providing the client with detailed reports of each benefit element as a double-check

Quality Assurance - Process

The statement proofing process involves:

- Guarantee the accuracy of each statement

- Report on text options and triggers

- Two-factor proof review

Sensitive Data

Our rigorous processes ensure the reliability and protection of your information by:

- Using a secure encrypted link for safe data transmission

- We store data on secure servers in locked down data centers

- Our security protocols protect working data and allow for complete data removal when the project is completed

Statement Design

At BenComp, we start each design process from scratch. Since there are no rigid “templates” to follow, we create a statement that is right for your employees. Our solutions range from simple one-page statements to detailed multipage booklets.

During our initial planning process, we work with you to identify important design considerations.

Overall Statement Considerations

- Is it best to present prior year historical or current year snapshot information?

- What is the best way to show employer contributions and employee contributions?

- What is the most strategic placement of graphical elements and company colors and logos?

Detailed Statement Considerations

- What is the best way to describe each benefit element?

- What is language (English, Spanish, French, etc.) required?

- What types of design elements (logos, etc.) need to appear on the statement covers and envelopes?

GET IN TOUCH

Contact us for more specific information about how our services can streamline the time and effort spent on your firm’s benefit compensation.

When it comes to employee benefits management, our clients will tell you that we’re true partners and innovators. We look forward to discussing your employee compensation, retention and recruitment needs.

PO Box 801 Victor, NY 14564 T: (585) 742-1105 M: (585) 506-5200