Authoria's Total Compensation Solution Communicates the Overall Value of Pay and Benefits Programs.Business Editors/High-Tech Writers WALTHAM Waltham (wôl`thăm, –thəm), city (1990 pop. 57,878), Middlesex co., E Mass., a suburb of Boston, on the Charles River; settled c.1634, set off from Watertown 1738, inc. as a city 1884. , Mass.--(BUSINESS WIRE)--Sept. 2, 2003 New Solution Helps Organizations Communicate the True Value of Corporate Sponsored Financial Benefits Authoria, Inc., a world leader in personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. Web-based human resource communication, today announced the availability of the Authoria Total Compensation solution, a new solution that allows employers to communicate the full value of the pay and benefits programs they offer to employees. Studies show that U.S. employers are paying more than ever for employee benefits - $1.5 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. each year. Yet it's proven that employees value those benefits at less than half their actual cost. Today, employees make a considerable contribution to share in the overall cost for benefits, especially health coverage. Studies show that the average worker now pays $2,088 per year in health care premiums, up from $1,656 in 2000. "With health care costs on the rise, organizations are asking employees to share more of the burden," said Ron Hanscome, Senior Program Director, META Group. "And, as organizations strive to retain key employees, they are increasingly looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. better ways to communicate the overall value of what they're offering to employees." "While most statements provide a compensation breakdown only, the Authoria Total Compensation solution adds relevant content that helps employees better understand the benefits they receive," said Tod Loofbourrow, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Authoria. "By providing plan and policy detail, employers can go beyond merely providing financial values to truly educating employees on the overall value of the employment relationship allowing them to motivate and retain key employees." About the Authoria Total Compensation Solution The Authoria Total Compensation Solution allows organizations to offer a powerful combination of a total compensation statement that's enhanced with personalized plan and HR policy content. This powerful combination of financial information and supporting HR content helps employees gain an in-depth understanding of the full impact of their company-sponsored benefits. Here are some selected highlights of the Authoria Total Compensation solution: Ensure Better Appreciation of Benefits Value - Going beyond simply highlighting financials, the Authoria Total Compensation solution helps employers communicate the true value of the plans and policies they offer allowing employees to gain a greater appreciation of their pay and benefits packages. Reduce Cost of Creation and Maintenance - Traditional total compensation statements require coding, logic, validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. , and custom creation of text - all the things that Authoria does best. The solution transforms total compensation statements from a one-time investment to one that is aligned with an organization's overall HR communications. Retain and Motivate Key Employees - By allowing employees to view their overall pay and benefits packages, they can understand the full financial impact of an organization's contributions. The Total Compensation solution becomes a powerful tool that organizations can use to motivate and its retain top performers. Reduce Distribution Costs distribution costs distribute npl → Vertriebskosten pl - By offering total compensation statements online, organizations can save time and money by reducing the need to distribute paper-based statements. Instead of issuing statements once or twice a year, organizations can offer total compensation statements as part of their overall HR communication strategy. Pricing and Availability Pricing for Authoria's Total Compensation solution is based on employee population size and is available immediately. About Authoria Authoria is a world leader in personalized human resource communication. Authoria HR(TM) is the Knowledge Application standard in the software industry. Over one hundred organizations worldwide rely on Authoria to dramatically improve employee communication while streamlining costs. Authoria's Knowledge Applications manage and communicate complex information to millions of people at some of the world's largest companies, including Boeing, Motorola and Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. . Among Authoria's partners are industry-leaders PeopleSoft, Towers Perrin Towers Perrin is a global professional services firm. It was established 1 March 1934 as Towers, Perrin, Forster & Crosby. The umbrella name of Towers Perrin was adopted in 1987. , IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) BCS (1) (The British Computer Society, Swindon, Wiltshire, England, www.bcs.org) The chartered body for information technology professionals in the U.K., founded in 1957. and Accenture. Based in Waltham, MA, Authoria has been ranked three times by Inc. Magazine as one of America's fastest-growing private companies and has been recognized by Deloitte & Touche in the New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. Fast 50 four times and the National Fast 500 twice. For more information, please visit www.authoria.com. Note to editors: Authoria, Authoria eSPD, Authoria HR, Authoria Outsourcer, Authoria HR US Policies, Authoria HR US Benefits, Authoria HR UK Policies and Authoria HR UK Benefits are trademarks or registered trademarks of Authoria, Inc. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other countries. PeopleSoft is a registered trademark of PeopleSoft, Inc. All other product names and references contained herein remain the service marks, trademarks or registered trademarks of their respective owners. |
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