Total Compensation Statement Process
Our goal with every project is to help you effectively communicate your organization’s total rewards story with as little hassle as possible. Whether we are creating printed or digital total compensation statements, we follow the same process.
Discuss
We want to understand your goals, priorities and challenges. Together we will decide on layout, length and information to include in your total compensation statement.
Design and Develop Content
Leveraging your organization’s existing materials on compensation and benefits, as well as your marketing guidelines such as colors, logos and images, we will build a draft of the total compensation statement to review. We will then incorporate your changes and suggestions to create a final draft.
Collect and Review Data
We will provide you with a data specification to guide the data gathering process. You will upload data through a secure, easy-to-use file transfer site. Unlike most vendors, we can accept multiple data files and do not require clients to adhere to rigid data formatting requirements.
Once we receive your data, we review every file and alert you to inconsistencies that may reveal potential data errors.
Program
After a thorough review of the data, we import and link all files to create a comprehensive database. We then do all the necessary calculations and programming, making sure that each employee sees only their personalized information on their total compensation statement.
Test
We create a test group and, after passing through an internal QA process, we provide you with statements for review. You advise us of updates, changes and corrections and we revise the total compensation statements until you provide final sign-off.
Distribute and Launch
Once we obtain final sign-off, the finished total compensation statements are printed (or, securely distributed digitally) – within days – and either mailed directly to employees’ home addresses or shipped to a different location of your choice.