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Total compensation statement templates are nothing new. In fact, for a long time, they were overly simple, with uninteresting and static designs. The problem is, employees are getting more sophisticated with how they expect to receive information. Total compensation statement templates can’t be dry or unengaging. Instead, employers should look for an opportunity to create a much a deeper connection by taking their total compensation statement templates to the next level.
As employee expectations grow, so do the workloads of HR teams. In fact, HR must rely on interactive tools, engaging presentations, and less administration of their benefits programs.
By using a modern total compensation statement template, HR teams can realize several benefits
In addition to benefitting HR teams, online total compensation statement templets benefit the entire organization. Through lower turnover, happier and more engaged employees and a tighter feedback loop, you can measure the positive ROI of switching to a comprehensive compensation statement software.
You can get all these benefits and more with TotalRewards Builder, the first online total compensation statement software with customizable templates. TotalRewards Builder is used by companies around the world to dress up their statement templates, making them ready for a modern, mobile workforce with simpler template design that engages employees.
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Increase awareness of total compensation and employee benefits programs
Improve employee understanding of the full value of their total compensation
Automate delivery and tracking of total compensation statements
Personalize benefit statements by team, department or employee group
Cut the costs of producing print total rewards statements
Gain better insight into employee interests and motivators
See how GoDaddy created a new employee experience with the help of TotalRewards statement software.