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Australia's first fully integrated employee benefit solution for employers of choice.

Total Reward Statements

Skilled labour was at its premium even before the global financial crisis. With Australia now leading the way in terms of economic recovery, human resource practitioners are bracing themselves for an even tougher battle for talent. Attraction and engagement will always be key, but employee retention is now even more critical and yet is still often overlooked.

One way to address this is through the use of total reward statements; a personalised communication tool issued to individual employees to inform them of the full value of their individual rewards & benefits package.

At HWT we make sure your employees are aware of the real value of their benefits – with total reward statements that reflect your EVP, your brand and your reward objectives. We can advise you on how to structure and lay out your statements, whether it’s a detailed breakdown of rewards or a simple summary, and you can also count on us to take care of the technology that produces them. The delivery of statements is versatile, with the ability to have them delivered offline and issued at specific times of the year, online where they can be interactive, or a mixture of the two.

Bring employee benefits to life

We help our clients retain their most valuable asset, using a personalised, integrated approach with results-oriented information, education and advice. And we go further, enabling your employees to understand and make the best use of their benefits. Our extended financial services (planning and advice) can be integrated into your reward approach to help staff map out their financial futures, whether they are buying a house, growing their wealth or saving for retirement.

We’ll ensure your employees fully understand all of their company benefits, and that they have the knowledge, tools and resources needed to maximise their reward package.

[blockquote heading_color='' heading_size='h4' heading_text="" quote_type='' author_name='Sean Mordaunt: Managing Director, Health Wealth & Time
TRS On Mac
A HEALTH WEALTH & TIME TOTAL REWARD STATEMENT IS A PRODUCT THAT:
  • Shows the full financial impact of an employees total compensation program, including corporate contributions, rewards and benefits.
  • Delivers a knowledgebase of personalised compensation and benefits information and easy to use tools for financial planning.
  • Provides secure, up-to-date information from your company's financial services providers.
  • Offers enhanced employee appreciation of the benefits program.
  • Improves internal communications to existing staff.
  • Acts as a tool to attract new talent.
  • Ensures employees understand the full value of their current package, not just the basic salary or cash elements.
  • Improves the perception of employer competitiveness when viewed against other local or regional employers.
  • Improves staff retention, reducing replacement costs.
  • Makes employees aware of benefits that are available to them but have not yet taken up.
  • Demonstrates the investment you make in employees in areas such as training or payment of fees for membership to professional bodies.
Arrange an obligation-free assessment of how Health Wealth & Time can help your organisation and its employees better manage their health, wealth and time.