Total Compensation Statements

Total compensation statements are nothing new. However, mobile technology and Internet access have made employees increasingly sophisticated in how they expect to receive information. Static paper or PDF statements that are dry or impersonal won’t make an impact on today’s tech-savvy workforce. Instead, employers have an opportunity to create interactive, engaging total compensation statements online.

of employees are ready to leave their current job

Surpassing Employee Expectations

As employees get more sophisticated, and their expectations grow, so must HR teams. HR has to adapt by relying more on interactive tools, better data, and less on administration of their benefits programs.

By using a purpose-built total compensation statement software, HR teams can realize several benefits

Time savings and efficiency
New intelligence on the best programs
Reduce or eliminate printing costs
More personalized communication

In addition to benefitting HR teams, online total compensation statements benefit the organization as a whole. Through more engaged employees and a tighter feedback loop between which rewards are most meaningful, employers can show a positive ROI.

The Ultimate Total Compensation Statement Software

You can get all these benefits and more with TotalRewards Builder, the first online total compensation statement software. TotalRewards Builder is used by companies around the world to simplify their total compensation statement process, create more dynamic total comp statements and deliver granular detail by employee as to what’s of most interest to employees.