“Total Compensation Statements” allow employees to see the true value of their overall benefits package. This includes not only their salary but also what the employer contributes toward employee benefits as well as any other categories that can be quantified. Samples of other categories include PTO, sick leave, uniforms, work phones, holiday parties, etc. Employees often don’t have a good understanding of what their employer contributes toward their benefits, and these statements allow employees the opportunity to gain a better understanding, and thus appreciation, for what their employer does for them.