ROCKLIN, CAL. / April 20, 2010 — Total Rewards Software, Inc. today announced that the 2,000th employer has registered to use its free, on-demand total compensation statement software. FreeTotalCompStatements.com is the only software in the marketplace that produces professional, total compensation statements quickly, easily and at no cost.
The free statement service empowers employers to produce personalized, total compensation reports for each employee 24 hours a day, seven days a week, and from any location. Employers only need an Internet connection and web browser to get started — there is no software to install.
“Surveys show that employees value their benefits as much as their direct pay. Yet most companies fail to communicate the full value of the benefits package to their workforce,” said Ray O’Donnell, President at Total Rewards Software. “In this uncertain economy, salary and bonus freezes are a major concern among employees. As a result, it makes good business sense for employers to show that the company’s benefits investment equals nearly 30% of their employees’ total compensation package.”
“This program gives us cover letter examples, disclaimer examples, a colored pie chart, and an Excel spreadsheet all ready to go. We only have to populate it with our numbers. The customer service was excellent and I was up and running in no time,” said Sandra Rowden, HR Manager at Anderson & Kriger in San Diego, CA.
Also known as employee benefit statements or hidden paycheck statements, these reports show employees the value of their employer-sponsored benefit programs and the impact that value has on their total compensation.
Clients using the software range across all industries, including retail, manufacturing, construction, non-profit, education, banking, insurance, professional services and technology.
FreeTotalCompStatements.com is a service operated by Total Rewards Software, Inc., a private company founded by business and technology professionals with a mission to deliver high quality, cost-effective, total compensation software solutions to the millions of small and medium sized employers in North America.
Ray O’Donnell, Total Rewards Software, Inc.
(916) 632-1000 x735
This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.