The Limitations of Using Excel for Compensation Management: Risks and Alternatives |
Communicating compensation information to employees is essential. Regardless of what you choose to share, it provides employees with a clear and comprehensive overview of their value to the company and the corresponding value of their overall compensation.
With Compose, our clients can completely automate and customize the process of generating employee communication letters and total reward statements that give employees a complete breakdown of the various elements of their compensation, including salary, variable compensation, and benefits.
Compose automatically generates attractive, dynamic employee communication letters and total reward statements that highlight everything employees should know about their salary, incentives, and other benefits. Paint a complete picture with statements that include information about all benefits, including salary, incentives, equity, healthcare, retirement accounts, deferred compensation, and lifestyle benefits.
Compose provides a library of template statements for you to get started. You can opt to brand one of the existing ones, or use it as a baseline and edit/design the one that work best for your organization. You are in also in complete control of what information is shown and how it is presented. Adding visuals, imagery, statements from Execs, and images to enhance the design is all in your control.
One of the most important elements of running your statements out of Compose, is the ability to include any and all information that you want in the report. Information can be imported to Compose from other systems to be included in the statements. So whether your goal is a simple summary statement or a complete Total Rewards Statement, Compose makes it easy.
Learn more about the benefits of using Compose for your statements by contacting us today.