HR Technology Conference

Enwisen, the vendor of on-demand HR, Benefits and Total Rewards communications solutions, today released v3 of its web-based Total Rewards Statement solution, which offers major enhancements critical to todayís employers in their efforts to attract and retain their employee talent.

The majority of employees today indicate that non-cash compensation is more critical than salary in determining job satisfaction. The Enwisen Total Rewards Statement solution allows employers to provide year-round online statements that help employees fully understand and appreciate the full value of their total compensation package, resulting in:

ï Measurable reductions in turnover
ï Increased 401(k) and ESPP participation
ï Increased productivity
ï The successful introduction of medical benefit cost sharing

v3 Enhancements Designed to Meet Talent Acquisition and Retention Goals

New Recruiting View:
ï Allows HR, line managers and recruiters to create guest accounts for prospective employees so that candidates can fully understand the total benefits package being offered in comparison to other offers

ï Candidates can perform ìwhat-ifî modeling to determine what their compensation will look like based on elections and performance

New Line Management Team View:
ï Helps line managers create a visible, tangible connection between performance and total compensation

ï Allows managers to view compensation packages for direct reports based on organizational data

ï Filters and hides from view sensitive data protected by HIPAA

Enhanced Ad Hoc Reporting:
ï Allows data from multiple sources/vendors to be collected and consolidated for ad hoc reports on combined data that previously required expensive data warehouses or reporting tools

ï Provides powerful point-n-click tools for managers to create their own reports

The Enwisen Total Rewards Statement solution was recently selected by Cox Enterprises, Hannaford Brothers, HarperCollins and other well-known employers in competitive evaluations between vendors and consultant organizations. V3 of the Enwisen Total Rewards Statement is available now.

Distributed by HR Marketer.com