-Product Leverages Award-Winning Platform and Usability of Workscape's Proven Compensation Planning Solution-
MARLBOROUGH, Mass. (October 3, 2006) - Workscape, a leading provider of outsourced benefits administration and performance-driven compensation solutions, will preview the capabilities of its latest compensation solution at the HR Technology Conference, which opens at Chicago's Navy Pier on October 4th.
Through tight integration between compensation, goal achievement, and performance reviews modules, Workscape's new solution helps increase retention of key employees and motivates achievement of key corporate objectives. Leveraging the same platform as the company's award-winning Workscape Compensation Planner, the new performance-driven compensation solution also features multi-lingual capabilities and a streamlined user interface that maximizes user adoption. The preview at the HR Technology Conference will include demonstrations of a new integrated dashboard as well as automated review forms.
"In today's highly competitive battle for talent, it has never been more important for companies to successfully retain and motivate their top performers through compensation and incentives. With the addition of our performance-driven compensation solution, organizations will be able to improve retention while also successfully aligning their corporate business goals with employee performance, ultimately resulting in a significant impact to the bottom line," said Tim Clifford, president and CEO of Workscape. He continued, "We've long provided the vision for performance-driven compensation in the industry and our Web-based applications, backed by our outstanding team of subject matter experts, effectively address the complex processes involved in productive employee compensation programs."
In addition to the preview of its new solution at the HR Technology Conference, Workscape is announcing its Compensation Planner 6.1 version. This new version of Workscape Compensation Planner provides even greater flexibility to support complex compensation plans with an expanded library of configurable business rules for base pay and short- and long-term incentives. It also adds improved performance and integration capabilities with fast reporting and extended configuration options. Workscape Compensation Planner Version 6.1 will be demonstrated at the HR Technology Conference in booth 1120.
Workscape is a leading provider of business-critical HR solutions that enable hundreds of organizations to manage their two largest workforce expenditures: employee benefits and compensation. The company's award-winning multi-lingual compensation solution has achieved 99.6% adoption rate in a deployment to more than 400,000 employees across 70 countries. Its outsourced benefits administration offerings are backed by 7 x 24 support and serve millions of employees. Both offerings share a common platform, can be readily integrated with existing IT investments, and are scalable and configurable to meet the distinct requirements of organizations ranging from 3,000 to 400,000 employees. For more information about Workscape, visit www.workscape.com or call (888) 605-9620.
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Note to editors: Workscape is a registered trademark of Workscape, Inc. in the United States and other countries. All other trademarks are the property of their respective owners.
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