Total Reward Statement
What are Total Reward Statements?
A total rewards statement shows employees the annual value of their total compensation package.
Attracting and retaining top talent requires more than just offering a competitive salary. A total rewards statement (TRS) is a tangible way to show your employees the full value of their compensation package, including a wide range of employee benefits and perks.
Total rewards statements improve pay transparency and give employees an easy way to see the annual value of their total compensation including the value of their equity and benefits. It provides a comprehensive breakdown of things like salary, equity, bonuses, pension plans, insurance and transportation stipends.
Showing the full monetary value of everything you offer employees in a total rewards statement can make job offers more enticing and help you compete against companies that may be able to offer higher salaries. Since most employees don’t know all the benefits offered to them, or what the monetary value is, it can also help with attrition.
A TRS can be built into your Benefit Hub portal and employees can view their total reward anytime. Enquire with us for more information.
Other benefits:
Cycle to Work Scheme
Buy a bike tax-free and save up to 52% off the retail price.
Taxsaver Ticket Scheme
The Travel Pass scheme allows you to get tax-free public transport tickets for your commute to work.
FitHub
FitHub provides you with corporate annual membership rates on over 150 gyms and fitness classes all over Ireland.
Gym Flex
Get your Gym membership and fitness classes paid through salary sacrifice each month. Payable over 12 months.
Lifestyle Discounts
HubEx Perks is a range of over 2,000 exclusive discounts across Ireland, giving employees access to lots of lifestyle discounts.
Employee Assistance Programme (EAP)
An EAP is a set of professional services specifically designed to support staff and improve wellness and healthy functioning.
Kinto Join Car Pooling
Car pooling is a corporate commuting solution that revolutionises the way you travel to work.
Fleet Bikes
Fleet bikes are bikes leased by the employer for employee usage during work hours. Save on taxi fares and company cars by offering a range of e-bikes for employees.
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Application Process
- Secure web portal, self service for employees.
- No administration for employers.
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Benefit Options
- Cycle to Work Scheme
- Taxsaver Ticket Scheme
- FitHub
- Gym Flex
- Lifestyle Discounts
- Employee Assistance Programme (EAP)
- Kinto Join Car Pooling
- Fleet Bikes
- Lifetime Financial Planning
- Mortgages
- Retirement and Life Planning
- Dental Insurance
- VHI Health Insurance
- Vision Insurance
- The Baby Academy
- Income Protection
- Life Assurance
- Payroll Reporting
- Holiday Buy
- Total Reward Statement
- In House Benefits
- HubEx Benefits
- Cargo Bikes
