Template · Free download
Total Rewards Statement Template
A total rewards statement template that shows employees the full value of their package — salary, bonus, equity, benefits, and perks — in one clear summary.
Updated
Sign in with Google below to download the PDF and CSV straight away.
Get your free download
Sign in with Google to unlock the PDF and CSV instantly. No form to fill in.
Free. By continuing you agree to our terms and privacy policy. We record your email and this download; marketing emails only if you tick the box.
What you get
- A complete total-rewards breakdown across cash, equity, and benefits
- An employer-cost column so the true package value is visible
- Sections for retirement, health, time off, and lifestyle perks
- A personalised summary block you can generate per employee
Template preview
A preview of the structure. Download the PDF or CSV for the complete, ready-to-use version.
Employee details
- Employee name
- Job title
- Statement period— e.g. calendar year 2026
Direct compensation
| Component | Annual value | Notes |
|---|---|---|
| Base salary | ||
| Annual bonus / variable pay | target % | |
| Equity / stock (annualised) | grant vesting value | |
| Sign-on / retention bonus |
Benefits & employer contributions
| Benefit | Employer annual cost | Notes |
|---|---|---|
| Health / medical premium | employer share | |
| Retirement match (401k / pension) | % of base | |
| Life & disability insurance | ||
| Paid time off (cash value) | days x daily rate |
Total rewards summary
| Category | Annual value |
|---|---|
| Total direct compensation | |
| Total benefits value | |
| Total rewards |
Employees consistently underestimate the value of benefits. A clear statement showing total rewards often 20-40% above base salary is one of the cheapest retention tools you have.
This is a preview — the full template continues in the download.
Sign in above to download the full template.
How to use this template
- 1
Pull the data
Gather each employee's base, bonus, equity value, and the employer cost of every benefit they receive.
- 2
Populate the statement
Fill each category with annual values, separating what the employee sees from what the company pays.
- 3
Total it up
Sum the categories to show total rewards value, often 1.2-1.4x base salary once benefits are counted.
- 4
Deliver personally
Share the statement at review time or onboarding so employees grasp the full value beyond take-home pay.
Frequently asked questions
What should a total rewards statement include?
Everything of monetary value: base salary, bonus, equity, retirement match, health premiums, insurance, paid time off, and lifestyle perks. Show the employer cost so the hidden value of benefits is visible.
When should I send total rewards statements?
Annually after the pay cycle, and again at any major package change. Delivering one during onboarding or a retention conversation reframes the discussion from take-home pay to total value.
How do I value equity in the statement?
Use the annualised vesting value at the current or grant fair-market value, clearly labelled as an estimate. Note that equity value fluctuates so employees don't treat it as guaranteed cash.