Popularity Widens for Compensation Statements

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<p><strong>Rocklin, Calif. &mdash; June 6&nbsp;</strong><br />TotalCompBuilder.com, a Web-based, on-demand total compensation statement software for employers, has registered more than 200 companies, representing more than 200,000 benefit-eligible employees.<br /><br />The news comes just two years after the software&rsquo;s release and encompasses all of its statement software editions: Agency, Enterprise, Free and Professional.<br /><br />Clients using the software range across all industries, including banking, insurance, heath care, manufacturing, construction, nonprofit, professional services, education and technology.&nbsp; </p><p>The sharp growth reflects a growing trend in compensation package reporting, said Ray O&rsquo;Donnell, president of TotalRewards Software Inc., which developed the editions.<br /><br />&ldquo;Employees value their benefits as much as their paycheck, so companies need to share the full worth of a benefits package,&rdquo; O&rsquo;Donnell said. &ldquo;Compensation statements have become a crucial retention tool, as evidenced by our customer growth.&rdquo;<br /><br />Three premium editions of the compensation software are available: Professional, Agency and Enterprise. </p><p>Using an online wizard, Microsoft Excel template and Word-like HTML editor, print and online statements easily can be produced for employees, showing the full value of their total compensation.&nbsp; </p>

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