Wednesday, June 17, 2009

Recruitment And Retention Best Practices Built Into Total Compensation Statement Software

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.