Total Rewards Statements: Software for Total Rewards / Compensation Statements

Better employee engagement. Fewer clicks for a full picture of total rewards. Lower turnover.

Increase Employee Engagement and Retention

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Comprehensive views of all employer cash and non-cash compensation help employees see the full value of working for your organization. Personalization helps them see “What’s in it for me?" Calculators and modeling tools help employees take more control of their total wealth.

Increase Participation in Voluntary Programs

Targeted messages – such as “You could have earned $125.67 last quarter by participating in our 401(k) plan match" – increase participation in 401(k), ESPP, wellness and other programs.

Ease Pain of Healthcare Cost Increases

Helping employees understand how much you are contributing to their health, dental, disability and other insurance programs helps employees better accept increases to their contributions.

Win the War for Talent

Unique recruiting view allows you to present potential total compensation to job candidates – enabling them to compare offers “apples to apples" – and helping you attract and retain top talent.

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Technology for HR Transformation

Reduced voluntary turnover.
Achieved large spikes in ESPP and 401(k) participation.
Sucessfully introduced medical cost sharing.

Studies conducted by both Hay Group and Towers Perrin found that the most effective organizations provide reward information more frequently and in greater depth than other organizations – doing a better job of communicating the purpose and intent of total rewards programs and communicating
more frequently.