Employee Total Rewards Statement Free Template Download

Employee Total Rewards Statement Free Template Download

generate a unique statement for each employee.

  1. Home
  2. HR Kits & Templates
  3. Compensation
  4. Employee Total Compensation Calculation Spreadsheet

Employee Total Compensation Calculation Spreadsheet

The HR Toolkit's Employee Total Rewards Statement template helps you communicate to each employee the full value of the benefits, compensation, and perks your company provides them by calculating their total rewards and generating a unique statement for each employee.

This statement is generated using a pre-populated Excel spreadsheet with pre-defined formulas to make it easy to customize. The Employee Total Rewards Statement template comes with an accompanying instructions document for your HR staff. 

Preview & Download the Template 

Employee Total Rewards Statement Calculator  + Accompanying Instructions for Staff  

Each MS template is professionally written & consistently formatted. Fully customizable upon download.

Download 6 Premium HR Templates
Free!

Including this one. Quick sign up  - just 3 fields.
No credit card required. Promise! 
GET IT NOW
 

What Is an Employee Total Rewards Statement?

An Employee Total Rewards Statement is a comprehensive document that details the full range of benefits an employee receives from their employer. It goes beyond just salary, highlighting additional components such as:

  • Bonuses and incentives

  • Health and wellness benefits

  • Retirement contributions

  • Paid time off

  • Professional development opportunities

  • Company perks

Providing this information in one place helps employees understand and appreciate the full value of their total compensation package.

Why Use a Total Rewards Statement?

  1. Increase Transparency: Employees can see the complete picture of their total compensation, including non-cash benefits.

  2. Boost Engagement: Highlighting perks and benefits fosters employee appreciation and satisfaction.

  3. Improve Retention: When employees understand the full value of their rewards, they’re more likely to stay.

  4. Attract Talent: Demonstrating your company’s commitment to rewarding employees helps you stand out in the job market.

What’s Included in the Employee Total Rewards StatementTemplate?

  • Employee Information: Name, role, and employment details.

  • Compensation Overview: Base salary, bonuses, and other cash incentives.

  • Benefits Summary: Health insurance, retirement plans, and wellness programs.

  • Additional Perks: Education assistance, employee discounts, and more.

  • Annual Summary: Total estimated value of rewards.

FAQs

Q: Is the template really free?
Yes, our template is 100% free to download and use.

Q: What file format is the template in?
The template is provided in an editable Microsoft Word format for ease of use.

Q: Can I customize the template?
Absolutely! You can easily modify the template to include your company’s branding and specific details.

Q: Who should use a Total Rewards Statement?
Any company that wants to improve employee communication and satisfaction can benefit from using a Total Rewards Statement.

This template is brought to you by the HR Toolkit for Small Business. 

HR for Canadian Small Business

Since 2006 and with over 10k subscribers, ConnectsUs HR™ is Canada's leader in building and maintaining document-based HR for small business and HR consultants.  We now also help small business move beyond documents to automated online HR.

4 HR solutions—that evolve with your small business.


Create Document-based HR

The HR Toolkit is a self-serve center that features the HR template library, handbook builder, resources, & updates to create a complete document-based HR system.

LEARN MORE
 


Add HR on Call

HR Toolkit plus unlimited HR on Call. Hiring an HR expert can be costly—HR Complete is a budget-friendly alternative that combines DIY HR with expert guidance.

LEARN MORE
 


Transition to HR Software

HR Sync is a complete service package that provides both HR and tech expertise to move your business from document-based HR to an award-winning online HR platform.

LEARN MORE
 


Outsource your HR

Need part-time HR Services? We do that too! We provide on demand HR services for small business with typically 15-150 non-unionized workers, in BC, Alberta or Ontario.

LEARN MORE
 

 

  • "...Easy to use and cost-effective.  ConnectsUs HR toolkits has all the tools I need for developing my HR policies and procedures, and company information."

    Matthew Eichhorst | President, Expedia CruiseShipCenters

  • “…What a great product! I cannot emphasize enough how delighted I am with it…Your work is thorough, detailed, comprehensive, thought provoking, well laid out, easy to work with, professional, and great value. Thank you and compliments on a job very well done.”

    Grant Hodgins, B.Comm | CEO, Hodgins Auctioneers Inc.

  • “…We were constantly “reinventing” the wheel when it came to establishing even the most basic administrative policies, procedures and templates (we were constantly “borrowing” examples from our sister organizations).  Your product provides us with virtually everything we were looking for in one nice, neat customizable package.”

    Brenda Taillefer | Executive Assistant, Athabasca Watershed Council

  • "...Never before have I seen a product that so easily and completely supports the creation of HR practices. Don't reinvent the wheel - buy one of the best wheels invented to take your small business forward..."

    Patti Sheehan | Principal, Puget Sound People Solutions | Seattle, WA

  • "... much-needed and well thought out. We recommend the products to our clients who have a need to cut through the complexities of managing their employees. It’s easy to use and provides immediate value.”

    Greg Pallone | President, TRG Group

  • "...An HR resource at your fingertips; take it as it is, or customize it to meet your needs. Just what every business owner needs!"

    Carol Hama | Director, Professional Development & Services, HRMA - British Columbia Human Resources Management Association
Testimonials Customer List