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Fringe Facts® Online Demo 1. Copy the code to the clipboard (ctrl-c) JPatShort and paste it in the Access Code box (ctrl-v) after visiting the link in #2. 2. Visit Fringe Facts® Online

Fringe Facts Statements

According to a recent survey released by the U.S. Chamber of Commerce, the average cost of employee benefits in the United States reached a record-high 42 percent of payroll. Employer paid benefits include Social Security, retirement plans, workers' compensation, paid time off for holidays and vacations, unemployment benefits, life, disability, health insurance and many others.

The survey shows that the average cost of all benefits for each full-time worker totaled almost $15,000. The actual amount paid by employers for fringe benefits varies by industry, size of company, and geographical location. For employers with fewer than 100 workers, benefits expressed as a percentage of payroll totaled about 33 percent. Employers with 2,500 to 5,000 workers paid out over 43 percent of payroll for employee benefits.

Other studies indicate that most employees do not understand or appreciate what their benefits are or how much they are worth! A lack of appreciation for employer paid fringe benefits often has a negative impact on employee morale which can lead to increased turnover, lower productivity, higher operating costs and decreased profits. These statements show employees all their fringe benefits and how much they are worth.

When employees see the total value of their "Hidden Paycheck" it often leads to improved morale, reduced turnover, and increased productivity. When turnover is reduced, the costs to recruit , hire and train replacements is lower. That translates to greater profitability to your organization.

Fringe Facts Statements & Fringe Facts Online.

Improve Morale Fringe Facts is a powerful human resources service that provides your employees with personalized benefit statements which can be viewed on the Internet anytime they choose.  Online statements are customi-   zed for each employee. Your   employees will see only the   benefits to which they are   entitled. You don't have your own Internet or website to take advantage of this service. We take care of everything providing your company with a secure, professionally maintained employee benefit website on a confidential server.

Cut Costs Each of your employees will be assigned a unique password to use when accessing their personalized benefit statement. All files containing confidential information are encrypted fir extra security.     Once they've logged on to your benefit website, employees will be able to view and print out detailed information on their benefits including: life, health and disability insurance; retirement plans Social Security contributions; and paid time off.  By having enrollment and  other required forms  available online, you'll save on printing and distribution costs. They will also have access to important links to websites like the Social Security Administration and other internal or external sites of your choosing. And, Fringe Facts Online is much more than just a benefit communications service. It allows employees to use built-in, interactive calculators to examine numerous "what if" scenarios. They may also obtain optional enrollment forms, as well as lists of medical providers, employee surveys, employee handbooks, policy manuals, company newsletters, and other valuable information.  Employees may use online  calculators to see what their tax  savings will be when they enroll  in 401(k) or Cafeteria plans.     There is simply no more effective way to communicate the costs and value of benefits to your employees.

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