Benefit statements lessen demand for greater wages and benefits 3. Fringe Facts Online benefit statement service lowers the cost of effective benefit communication Improve Employee Participation. Before, we had a real problem communicating how much our benefits cost. Employees may view their statements on the Internet from home or at work any time they wish. Fringe Facts Online benefit statements have the advantage of being updated more frequently than traditional paper statements, and the cost to provide them can be substantially lower than the cost of printing and mailing a paper statement.
Employees can access their benefit statements as often as they wish.
When updated frequently, online benefit statements more accurately reflect the current status of an employee's benefits. This allows an employee to see the impact of changes in compensation or benefits as they occur instead of waiting up to a year or more to see them. You don't need your own company Intranet or Website to make this service available to your employees. We take care of everything for you. We provide your company with a secure, professionally maintained employee benefit Website.