Total Rewards Statements Cover Letters
Communicate the value of your Total Rewards and Total Compensation Statements
Writing a Total Compensation Statement Cover Letter
The cover letter should be a personalized note to employees, helping them understand that the statement reflects more than just a paycheck—it includes all financial and non-financial rewards that contribute to their overall compensation. The cover letter is an essential component, setting the tone by expressing the organization’s appreciation, explaining the benefits structure, and guiding employees on how to read and interpret their statement.
The cover letter usually includes:
- A welcoming message from leadership or HR.
- A brief explanation of what the Total Rewards Statement covers (salary, benefits, career growth opportunities, etc.).
- Encouragement to review and understand the benefits they are receiving.
- Contact information for questions or further clarification.
Below are samples of full cover letters that can be used to describe and introduce the Total Compensations Statements to employees:
Cover Letter Sample 1:
Dear Associate:
On behalf of the [Your Organization] Leadership Team and Human Resources, I am pleased to provide you with your personalized Total Rewards Statement, which illustrates the overall value of the compensation and benefits package that you receive from [Your Organization]. We are committed to offering all eligible employees a compensation package that is competitive, comprehensive and meaningful.
While competitive compensation is a key element to attract and retain top talent, we believe it is also important to provide a positive work environment, opportunities for growth and development, transparent communications and much more. These are investments in our team, our most important asset, to help us advance and grow as a company.
Over the past few years we have offered:
• Example 1
• Example 2
• Example 3
All of these efforts represent what we consider to be the overall experience offered to you as valued employees at [Your Organization]. Take time to carefully review your personalized Total Rewards Statement and contact Human Resources if you have questions. Thank you for all you do.
Cover Letter Sample 2:
Dear Associate,
We are pleased to provide you this personalized Total Rewards Statement for [Year]. It is our goal to add value to the lives of our employees in any way we can. In that spirit, we hope you find this personalized summary informative and useful.
We work hard to cultivate a competitive compensation and benefits package. We understand that, while benefits are an integral part of your overall compensation package, their scope and value are not always reflected in your paycheck. We are committed to providing a benefits program that balances your needs.
If you have any questions about this information, please contact Human Resources.
Thank you for all you do every day and for making a difference in our company.
Cover Letter Sample 3:
Dear Team,
We appreciate the invaluable contributions made by our colleagues over the past year. We recognize that our success as a company is dependent upon our people, who truly are our greatest assets. Consequently, it has always been our policy to try to provide our colleagues with a comprehensive and competitive compensation and benefits program.
We have provided the enclosed Total Rewards Statement to keep you informed of our programs and the company’s contributions to those programs. Your compensation includes so much more than your wages or salary. It also includes significant company contributions to programs intended to help protect your personal and financial well-being. We’ve provided information on many of those key benefits.
Please review the statement and share it with your family (as appropriate). If you have questions regarding the report or any of our benefits programs please don’t hesitate to contact the Benefits Department.
Thank you for your contributions to our success.