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Home | Solutions | Employers | Employee | Total Compensation |
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AnswerSource Employee – Total Compensation
Statements |
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Achieve 100% Self-Service |
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Now that employees know the full value of their benefits, our investment in great compensation and benefit programs is producing its full payback!  |
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Susan Ramirez, Senior Director for Global Benefits
Hitachi Data Systems |
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Why Web-Based Total Compensation Statements? |
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Today, more than 30% of most pay packages is non-cash compensation |
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And for the first time, in 2004, benefits became the 2nd largest corporate line item exceeding PTO |
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Benefits are Key to Employee Satisfaction and Retention |
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For the majority of employees, benefits are more important to job satisfaction than cash salary |
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Yet only a small percentage of employees truly understand the full value of their non-cash compensation |
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Replacing a skilled employee costs 1 ½ - 2 x salary |
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Companies risk losing high performing/high potential employees when full value of benefits isn’t understood/appreciated |
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Paystubs Alone are Not Effective |
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What the employee sees: |
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Deductions for FICA and taxes |
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Deductions for Medical, Dental, and Life Insurance |
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Increasing healthcare costs |
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What the employee does not see: |
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Employer’s share of the FICA |
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Employer’s share of the Medical, Dental, and Life Insurance |
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Employer’s share of the 401k and Retirement payments |
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Employer’s share of increased healthcare costs |
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The total value of their Benefits Statments |
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With AnswerSource Total Compensation You Can: |
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Promote employee appreciation and understanding of their total rewards |
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Achieve measurable reductions in employee turnover |
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Drive increases in 401(k) and ESPP participation |
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Increase employee productivity |
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More easily introduce medical cost sharing |
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Now You Can Show Employees Their Full Value at the Click of a Mouse |
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Let us Calculate Your Total Compensation Statement ROI |
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Enwisen customers realize a fast and significant Return on Investment
from their on-demand AnswerSource Total Compensation Statement. |
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| We can calculate your ROI in 15 minutes – helping you build a business case to get buy-in for your project. To get a free ROI Calculation, click here, and put ROI CALCULATOR in comments section on the bottom of the form. |
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| Enwisen’s AnswerSource Total Compensation. Rapid Deployment…Rapid ROI. |
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