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Achieve real transparency with total compensation statements

Understanding the true value of your total compensation package is key to providing great benefits. With transparency, we can show your commitment to employee wellbeing.

Show your employees exactly how much you contribute to their benefits

Demonstrate true value

Give your employees clear insight into the real cost of health benefits, including resources that help illustrate rising costs.

Build internal goodwill

Support a culture of trust and transparency within your organization by giving clear summaries of benefits expenses.

Boost employee retention

Provide a better participant experience for employees and help everyone understand the full scope of benefits as part of total compensation.

Ongoing solutions to keep your employees educated

  • A comprehensive, personalized, and clear overview of all total compensation components
  • Dynamic online statement with real-time updates
  • Custom online website with plan highlights, forms, documents and vendor links
  • Total employer contributions — including employer’s share of FICA, medical/dental/vision/life insurance, 401(k)/retirement, and increased health care costs
  • Annualized pension figures
  • Single webpage statement format keeps the focus on the value of each employee’s total compensation package
  • Fully documented testing process to ensure the accuracy of every statement
benefits SaaS accounts*

(*Represents Q1 2023 average)

HSAs on the WEX benefits platform*

(*as of January 2023)

Fortune 1000 companies on the benefits platform*

(*March 2022 audit)

See how WEX serves businesses like yours

Benefits administration

Outsource all of your benefits administration needs to WEX and access an end-to-end solution to provide great employee benefits.

Brokers and consultants

Help your clients quickly and easily deploy benefits cards, an array of benefits accounts, and more.

HR & benefits technology

Expand your HRIS/HCM, payroll, PEO/HRO, or other human resources solution with the WEX benefits platform.

Third-party benefit administrators

Support HSAs, HRAs, FSAs, VEBAs, LSAs, COBRA, and more with white-label technology that puts your brand first.

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WEX can help you take your benefits offering to the next level