TotalRewards Software Announces Over 200 Clients, Covering 200,000 Employees

TotalCompBuilder.com, the first web-based, on-demand total compensation statement software for employers, has now registered over 200 companies representing more than 200,000 benefit-eligible employees.

The news comes just two years after the softwareís release, and encompasses all of its statement software editions -- Agency, Enterprise, Free and Professional.

Clients using the software range across all industries, including banking, insurance, heath care, manufacturing, construction, non-profit, professional services, education and technology. The sharp growth reflects a growing trend in compensation package reporting, explains Ray OíDonnell, President of TotalRewards Software, Inc., which developed the editions.

ìEmployees value their benefits as much as their paycheck, so companies need to share the full worth of a benefits package,î said OíDonnell. ìCompensation statements have become a crucial retention tool, as evidenced by our customer growth.î

Three premium editions of the compensation software are available ñ Professional, Agency and Enterprise. These full-featured editions start at $600 per year per client. The Agency Edition is designed for insurance brokers, consultants, professional employer organizations and third party administrators, while the other two editions are for companies of all sizes.

Using an online wizard, Microsoft Excel template and Word-like HTML editor, print and online statements can easily be produced for employees showing the full value of their total compensation.

FreeTotalCompStatements.com is an on-demand application that allows small and mid-size employers to create total compensation statements at no charge. While lacking some features of the premium editions, the free statement software allows businesses to produce high-impact, personalized reports 24 hours a day, seven days a week, from anywhere. With every edition, a business only needs an Internet connection and web browser to get started -- no software is needed for installation.