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2009 Press Releases


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Broker Report: Helping Clients Promote Total Compensation Value in Uncertain Economic Times

Employers should communicate total compensation to retain and recruit employees, offset freezes in salary and bonuses

ROCKLIN, CAL. / July 8, 2009 - Total Rewards Software, Inc., the industry leader in on-demand total compensation statement software, has just released its most recent Broker Overview Report entitled, Helping Clients Promote Total Compensation During Economic Uncertainty to Retain and Recruit Employees.

This executive report leverages over eight hundred total compensation statement projects with some of the leading companies in North America over an eighteen-year period. It covers how brokers have used this service to retain clients and add new business, as well as the advantages and disadvantages of currently available solutions.

"More than ever, clients are looking to their brokers and consultants to provide no-cost ancillary services -- especially in these uncertain economic times," said Ray O'Donnell, President of Total Rewards Software, Inc. and author of the report. "Most employers are expecting no salary increases or bonus payouts for the foreseeable future. Yet the value of their benefits program still represents nearly 30% of their employees' total compensation.

"Brokers and consultants who offer this service do so without fully vetting the pros and cons of the various options in the marketplace. This report will educate and inform those providers who are considering adding this service to their marketing and client retention arsenal," said O'Donnell.

To download a complimentary copy of this report, please visit:
http://www.agencyedition.com/report

Providers of employer services who have traditionally offered this type of service to their clients include health insurance brokers and consultants, third-party administrators (TPAs), professional employer organizations (PEOs) and payroll providers.

About Total Rewards Software Inc.
Total Rewards Software is a private company founded by business and technology professionals with a mission to deliver high quality, cost-effective, total compensation statement software solutions to the thousands of small and medium sized employers in North America.

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Recruitment and Retention Best Practices Built Into Total Compensation Statement Software

Critical Success Factor 360 provides measuring, feedback and reporting functionality to on-demand software

ROCKLIN, CAL. / April 23, 2009 - Total Rewards Software, Inc., the industry leader in on-demand total compensation statement software has developed a best practice methodology called Critical Success Factor 360.

This program combines its on-demand software with all of its best practice modules into a systematic, 360-degree recruitment and retention, communication platform.

"Traditionally, employers have provided total rewards statements to their employees and hoped for the best. They had no visibility into whether employees viewed their statements, what improvements they would like to see, or even if they found value in the statements, "said Char Ruppel, VP of Business Development at Total Rewards Software. "With our Critical Success Factor 360 best practice methodology, employers can now promote, educate, track, measure, survey and receive feedback about their total rewards' communication efforts. In addition, the HR department can provide current total compensation data analysis to upper management with our HR Executive Dashboard Module."

Besides the Dashboard Module, the Critical Success Factor 360 suite of modules also includes Candidate, Stock Option, Personalized FAQ, Analytics, and Survey/Feedback.

The on-demand total compensation statement software includes several versions -- Free, Professional and Enterprise Editions. A private-label version called the Agency Edition is also available and designed specifically for providers of employer services such as insurance brokers, third-party administrators and payroll providers.

About Total Rewards Software Inc.
Total Rewards Software is a private company founded by business and technology professionals with a mission to deliver high quality, cost-effective, total compensation statement software solutions to the thousands of small and medium sized employers in North America.

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Executive Report: Employers Need to Promote Total Compensation Value in Uncertain Economic Times

Employers should communicate total compensation to retain and recruit employees, offset freezes in salary and bonuses

ROCKLIN, CAL. / April 9, 2009 - Total Rewards Software, Inc., the industry leader in on-demand [total compensation statement software, has just released its most recent and timely Executive Overview Report -- Promoting Total Compensation During Economic Uncertainty to Retain and Recruit Employees.

This executive report leverages over 800 total compensation statement projects with some of the leading companies in North America over an 18-year period. It examines why employers should communicate total compensation to manage employee morale, the pros and cons of available methods, and best practices to maximize this concept to aid recruitment and retention efforts.

"Most employers are expecting no salary increases or bonus payouts in 2009. Yet the value of their benefits program still represents nearly 30% of their employees' total compensation," said Char Ruppel, Vice President of Business Development at Total Rewards Software. "This report highlights how employers can gain maximum leverage from their human capital investment and offset employees' potentially negative perceptions regarding salary and bonuses freezes."

To download a copy of this report, please visit: www.PromoteTotalValue.com

About Total Rewards Software Inc.
Total Rewards Software is a private company founded by business and technology professionals with a mission to deliver high quality, cost-effective, total compensation statement software solutions to the thousands of small and medium sized employers in North America.

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Private-Label Software Positions Agencies to Help Clients Offset Pay Freezes By Communicating Employees' Total Compensation Package

Web-based software provides tool for brokers to show employees "hidden paycheck" found in their total compensation package

Total Rewards Software, Inc., the industry leader in on-demand total compensation statement software has created a partnership program called the Agency Edition. Designed specifically for brokers and consultants, its provides a private-label version of the software, up to 70% commission or discounted pricing, sales and marketing support, dedicated implementation support and business intelligence modules as part of the partnership.

"This year, most employers are expecting no salary increases or bonus payouts. Yet the value of their benefits program still represents nearly 30% of their employees' total compensation," said Char Ruppel, Vice President of Business Development at Total Rewards Software. "Most employees have no idea the investment their employers are making on their behalf. The challenge then becomes, how to promote total compensation to offset these cash compensation freezes with little of no HR budget. Our broker partners can provide this service and tighten their client relationships. In turn, now their clients can effectively communicate the true value of their employees' total compensation - a true win/win situation."

Broker partners can produce several print statement formats as well as secure, password protected online statements at the same time, and for the same cost using the private-label software. Business intelligence modules provide tracking, measuring and reporting statistics.

About Total Rewards Software
Total Rewards Software is a private company founded by business and technology professionals with a mission to deliver high quality, cost-effective, total compensation statement software solutions to the thousands of small and medium sized employers in North America.

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Free Software Helps Employers Offset Pay Freezes By Communicating Employees' Total Compensation Package

No-cost software shows employees "hidden paycheck" found in their total compensation package

ROCKLIN, CAL. / March 4, 2009 - In an era where employees value their benefits as highly as their paycheck, communicating those benefits can be crucial to retaining top talent - especially in these uncertain economic times.

This reality is behind FreeTotalCompStatements.com, the only software in the marketplace today that produces professional, total compensation statements quickly, easily and at no cost. Total Rewards Software, Inc., providers of this free service recently registered the 1,000th employer to use this free, on-demand total compensation statement software.

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.

"For 2009, most employers are expecting no salary increases or bonus payouts. Yet the value of their benefits program still represents nearly 30% of their employees' total compensation," said Char Ruppel, Vice President of Business Development at Total Rewards Software. "Most employees have no idea the investment their employers are making on their behalf. The challenge then becomes, how to promote total compensation to offset these cash compensation freezes with little of no HR budget. Our free software solution addresses this current challenge head on."

FreeTotalCompStatements.com allows employers to easily produce personalized total compensation statements for all their benefit-eligible employees. Traditionally referred to as a "hidden paycheck", these statements show employees that there is much more to their total compensation than direct pay alone.

Clients using the software range across all industries, including retail, manufacturing, construction, health care, non-profit, education, banking, insurance, professional services and technology.

About FreeTotalCompStatements.com
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.

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Total Rewards Software Appoints New Vice President of Operations

New position to oversee all back office operations and client experience functions

ROCKLIN, CAL. / January 27, 2009 - Total Rewards Software, the industry leader in on-demand total compensation statement software named Brock Middleton as its new Vice President of Operations. Middleton will be responsible for leading the company's information system management, on-demand software platforms as well as all client experience and back office functions.

An engineer by trade, Middleton has over 10 years experience in process improvement, project re-engineering, sales engineering and business consulting. Most recently he served as Manager of Sales Operations at a fast growing mortgage company. Before that he was the top performing Outside Sales Engineer serving Fortune 1000 companies and top Internet accounts at EMC Corporation, an industry leading data storage and software company. Prior to that, he was a schedule and financial analysis consultant for a construction litigation consultancy.

Middleton received a Masters Degree in Entrepreneurship and Marketing from the Leeds School of Business at the University of Colorado. He also received a Bachelor of Science Degree in Civil Engineering from Villanova University.

"We're truly fortunate to have someone with Brock's skill set joining our executive team. His ability to streamline a business process by carving out inefficiencies will be a perfect compliment to our client acquisition and retention strategies and enhance our overall business growth," said Ray O'Donnell, President and co-founder of Total Rewards Software.

About Total Rewards Software
Total Rewards Software is the industry leader in on-demand total compensation statement software. Founded by business and technology professionals, its mission is to deliver high quality, cost-effective, total compensation statement software solutions to companies of all sizes in North America.

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Total Rewards Software Registers 1,000th Client to Use Free Total Compensation Statement Software

Milestone reached after only two years of release of free software

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, so companies need to communicate the full value of the benefits package," said Char Ruppel, vice president of business development at Total Rewards Software."Many companies have been tasked with producing statements in 2009, but due to this challenging economy, HR budgets have been reduced or even frozen. So our free software helps companies meet their goal without any capital outlay."

Also known as employee benefit statements, these reports show employees the value of their employer-sponsored benefit programs and the impact that value has on their total compensation.

"I have ABRA for my HRIS and in order to get compensation statements I have to either pay a programmer or learn to put together a complicated Crystal Report," explained Sandra Rowden, HR Manager at Anderson & Kriger in San Diego, Calif. "As a result, compensation statements have not been a big priority...but thanks to Free Total Comp Statements, now our employees will be getting a statement next week. 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."

Clients using the software range across all industries, including retail, manufacturing, construction, non-profit, education, banking, insurance, professional services and technology.

About FreeTotalCompStatements.com
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.

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