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Employee Benefits Statement Report

The Employee Benefits Statement Report, FRM00009, lists the monetary value of the total compensation package provided to the employee. Each employee's information is printed on a separate page.

Business Scenario

Business may want to generate employee benefit statements as part of the salary review process or at the end of the year.

Employee Benefits Statement Report, FRM00009

The employee's benefits statement contains the following information.

• Benefits Statement for....  Each page of the report is titled "Benefits Statement for" followed by the name of the employee whose compensation package is detailed on that page.
• Type of Benefit column.  Type of Benefit column to identify the type of compensation or benefit, such as Benefit Plan, Payroll Tax, Payroll Deduction, or Benefit Hours
• Description column.  Description column to identify the description and also benefit hours when applicable
• Employer Cost column.  Employer Cost of the benefit (when applicable)
• Your Cost column.  Employee Cost of the benefit (when applicable)
• Total Employer Benefit Costs.  Total Employer Benefit Costs for the employer's total contributions to the employee's benefit plans and employer-paid payroll taxes
• Your Annual Salary.  Employee’s Annual Salary
• Your Adjusted Compensation.  The employee’s Adjusted Compensation is the employer's costs added to the annual salary.