Get Candidates to Accept Your Offer

Creating Personalized Hidden Paycheck Statements for Candidates and Employees

Reflecting on my years as an HR Department of One, one of the most beneficial tools I used was a Hidden Paycheck Statement that I would send to candidates along with their offer letter. Every time I did this, the candidate accepted the offer. I can’t guarantee that it was because of the Hidden Paycheck, but I do know I received lots of thank you’s and appreciation for providing the additional information along with the offer.

Nowadays, some HRIS systems have a total rewards statement report built-in that you can generate automatically for your employees. Or you can even use stand-alone solutions like RewardsFocus to generate comprehensive statements. But if you want a free tool that you can customize, edit and set-up quickly for use right now, you can download both my Hidden Paycheck Statement template and my Hidden Paycheck Calculator spreadsheet here for free.

If you are a SHRM member, you can access an informative presentation on the Hidden Paycheck topic. When you generate Hidden Paychecks for your existing employees who are already enrolled in benefits, they can be personalized just for them. This article weighs some pros and cons of providing your existing employees with their Hidden Paycheck.

I created a video to walk you through how to use these tools. Whether you provide a Hidden Paycheck Statement, or simply enhance the information in your offer letter to communicate the value of your benefit offerings, it will be sure to increase your offer acceptance rate.

Get Candidates to Accept Your Job Offer Using the Hidden Paycheck!