Transcription of Your 2012 Personalized Total Compensation Statement
1 your 2012 Personalized Total Compensation StatementABC Company12345 Main StreetCity ST 12345 Pat Employee12345 1st Street City ST 12345 Dear Pat:The management of ABC Company is pleased to present yourpersonalized Total Compensation Statement highlighting yourtotal Compensation package. Because your well-being isimportant to us, the benefit program is designed to furnish youwith protection against financial devastation due to illness,disability, loss of work, retirement or death. Some of thebenefits are mandated by Federal or State legislation; othersare provided by the Company to attract and retain qualityindividuals. Often our day-to-day responsibilities distract usfrom knowing what protection we have and the value of thatprotection to is an outline and cost analysis of yourcompany-sponsored benefits. Share this information with yourfamily, too, so that they are aware of the benefits provided tothem. If you have any questions, please call Jane at you for your contributions to the company's successthroughout the ,Gina HostVP of Human ResourcesYour Online Access:Website: Number: 5707 Username: pemploy00001 Password: 12345678 Prepared Especially for: Pat EmployeeCASH Compensation AND BENEFITS SUMMARYThe amount of your Total Compensation from ABC Company is much more than what is indicated in your yearlyearnings Statement .
2 In addition to direct pay, it includes the value of your health care insurance, disabilityand life insurance, retirement benefits and government mandated benefits. Below, we break out your COMPENSATIONA mountSalary$50, $1, $4, Annual Salary$62, :$117, as of 12/31 InsuranceKaiser HMOEmp & Family$2, $11, InsuranceDelta DentalEmp & Family$1, $ InsuranceVSPEmp & Family$ $ and AD&D InsuranceCigna$101,000$ $ Employee Life InsuranceJohn Hancock2x Salary$ $ Spouse Life InsuranceJohn Hancock$10,000$ $ Child Life InsuranceJohn Hancock$5,000$ $ Term DisabilityCigna$ $ Term DisabilityCigna$ $ Security and Medicare$3, $3, Unemployment Insurance$ $ Retirement Plan$1, $ Assistance Plan (EAP)$ $ :$8, $16, above benefit elections are based on 12/31 Contribution Contribution Employee 00001 Brought to you by WorkPlace SolutionsData as of 12-31-2011 ESTIMATED TAX SAVINGSABC Company also offers you the opportunity to pay for additional benefits with pre-tax dollars.
3 The followingprograms will save you tax dollars when you elect to pay for such benefits with pre-tax ContributionTax SavingsMedical Contribution$ $2, Contribution$ $1, Contribution$ $ 125 Medical$ $ 125 Dependent$ $ $ $ Contribution$ $1, :$1, $4, $0$1,275$2,550$3,825$5,100 Pre-Tax ContributionTax SavingsBased on 35% effective tax rate (federal, state, local and FICA taxes) Total Compensation VALUEThe true value of your ABC Company Total Compensation includes your direct pay, the company's contribution toyour benefits and the consequent tax savings to Compensation $117,780 Benefits $16,145 Tax Savings $1,632 THE Total VALUE OF your Compensation :$135, Employee 00001 Brought to you by WorkPlace SolutionsData as of 12-31-2011 OTHER VALUABLE BENEFITSABC Company provides other valuable benefits that are not listed above. Below is a summary of those Time Off (PTO)$2, DaysHolidays$1, DaysTotal:$4, and Holiday values are based on your salary and eligibility as of 12/31 BENEFITSAs a ABC Company employee you may be eligible for additional benefits not mentioned so far, including: Maternity, Military, Bereavement Leave Gym Subsidy Referral Program Credit Union Membership Product Discount Holiday PartiesFacts About This ReportThis Statement is intended to summarize the value of the company's benefit program as it relates to your Total Compensation .
4 Reasonable measureshave been taken to report this information accurately. Payment of any benefit, however, is subject to the actual conditions and terms of theapplicable plans rather than to any information contained in this report. The amount of any benefits will be determined in accordance with thelegal documents establishing the various plans. This report does not constitute such a legal document. Pat Employee 00001 Brought to you by WorkPlace SolutionsData as of 12-31-2011