ROCKLIN, CAL. / April 9, 2008 – FreeTotalCompStatements.com (www.FreeTCS.com) the only free, on-demand total compensation statement software available to employers, has now registered over 400 companies representing more than 300,000 benefit-eligible employees.

Launched in December 2006, FreeTotalCompStatements.com is an on-demand application that allows small and mid-size employers to create print-based, total compensation statements at no charge. The free statement software allows businesses to produce high-impact, personalized total compensation reports 24 hours a day, seven days a week, from anywhere. 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 Ray O'Donnell, President of TotalRewards Software, Inc., which developed the free software.

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

"Many of our free edition clients have used a 'try before they buy' mentality," said O'Donnell. “They try out the free edition to get a sense of how the program works. Once satisfied, they graduate to one of our premium editions that have enhanced capabilities."

The premiums editions produce online statements as well as print statements, have the ability to add more cash and benefit programs, include enhanced branding, data upload capabilities and a module for candidates among other features. There is also a private-label version for providers of employer services such as insurance brokers, HR consultants, payroll providers, third-party administrators and professional employer organizations.

About FreeTotalCompStatements.com
FreeTotalCompStatements.com is a service operated by TotalRewards 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.

Media Contact
Ray O’Donnell, Total Rewards Software, Inc.
(916) 632-1000, x202