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Home | News & Events | Press Releases |
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Press Releases |
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Rapid Deployment and High Feature-to-Price Value Key to Recent Wins for Enwisen’s Web-Based Total Compensation Statements at Cox Enterprises, Hannaford Brothers, HarperCollins, Maxygen, PHH and More |
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In Response to Customers’ Need for Continuing to Attract Top Talent, Q4 Release Will Feature First-in-Industry “Full Total Rewards Package Views” for Job Recruiting Candidates |
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For Information on Having Your 2005 Statements Up and Running in Just Weeks,
Call 1-800-685-5578x229 |
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NOVATO, CA (August 31, 2005) — Enwisen, the leading vendor of web-based HR, Benefits and Total Compensation communications solutions, today announced that its web-based Total Compensation Statement solution was recently selected by Cox Enterprises, Hannaford Brothers, HarperCollins and other well-known employers in competitive evaluations between vendors and consultant organizations. |
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Enwisen credits providing the best value and a much lower total cost of ownership as a key to these competitive wins. |
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Employee Retention, Adoption of Benefits |
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Feature rich and cost-effective, Enwisen's™ Total Compensation Statement helps companies retain their talent by promoting a full understanding of employees' total rewards, and facilitating adoption of benefits. For example, when Yahoo! implemented the Enwisen solution last year, “We saw a measurable reduction in turnover from the same period the previous year. And, we also realized a spike in 401(k) participation when our Yahoos! realized how much they were losing by not contributing,” said Loree Farrar, VP Global Rewards for Yahoo! Another advantage of the Enwisen solution, according to Farrar, is the ability to refresh the data – which includes real-time Yahoo! stock values – on a pay-period basis vs. just once a year on a printed statement, making the solution a year-round retention tool. |
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Rapid Deployment |
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Depending on customer needs, the Total Compensation Statement solution is up and running in just weeks – allowing customers to begin realizing fast ROI. For example new customers Maxygen and HarperCollins were up and running in just eight and 12 weeks respectively. |
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New Release Addresses Recruiting Needs |
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v.3.0 of Enwisen's AnswerSource Total Compensation, due to be released in early Q4, offers several industry-leading features developed in response to customers' continually evolving employee recruiting and retention needs. Features include: |
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Recruiting View – allows HR and line managers to build sample Total Rewards statements to aid in communicating the value of a candidate’s compensation package |
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Workgroup Views – allows HR and line managers to view a hierarchy of their employees with composite or individual HIPAA-protected views of statements as employees see them |
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The AnswerSource Total Compensation solution is part of is part of Enwisen's AnswerSource Knowledge Center Suite, which also includes HR / Benefits Communications, Decision Support and Work / Life Event tools to manage the entire employee “hire-to-retire” life cycle. Enwisen's content integrates with any Employee Self Service / Manager Self Service / eBenefits transactional platform, including PeopleSoft, Oracle, Ceridian, ADP, and many, many more. |
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About Enwisen |
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Enwisen is the leading provider of web-based HR, Benefits and Total Compensation communications solutions for employees, managers, HR professionals and HR service centers, with customers that include YAHOO!, Jergens, Plum Creek Timber, Masco, HarperCollins, Hannaford Brothers, Cox Enterprises, White & Case, Altera and Hitachi Data Systems. Enwisen was the first vendor to provide HR Communications tools in a web-based, “software-as-a-service” model – making these strategic solutions affordable for companies of all sizes and across all industries. Enwisen solutions are often deployed in a matter of weeks, and customers typically realize a 200-500% ROI in just their first year of use. For more information, visit Enwisen on the web at www.enwisen.com. |
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