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Flimp Introduces Total Rewards Statements to Enhance Employee Compensation Communication

Curated News for the HR Professional February 6, 2025
By HRMarketer News Staff
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Flimp Introduces Total Rewards Statements to Enhance Employee Compensation Communication

Summary

Flimp's new Total Rewards Statements product aims to revolutionize how mid-market employers communicate the full value of compensation and benefits packages to employees, offering personalized, comprehensive insights into total rewards.

Full Article

Flimp, a renowned provider in the employee benefits and HR communications sector, has launched a groundbreaking product named Total Rewards Statements. This innovative solution is tailored to assist mid-market employers in effectively communicating the entirety of their compensation and benefits offerings to employees. The product stands out by providing a detailed, personalized overview of an employee's total compensation, which includes not just salary but also wellness benefits, career development opportunities, and work-life balance perks.

The Total Rewards Statements are designed for quick delivery, with the capability to be customized and delivered within two weeks. They feature a cover page, an executive letter, a personalized compensation package breakdown, and key plan details, all of which can be tailored to reflect an organization's unique brand and culture. Wayne Wall, CEO of Flimp, highlighted the product's significance in enabling employers to showcase their investment in total rewards and helping employees grasp their value to the company.

Among the key advantages of this new offering are enhanced transparency, boosted employee engagement, and access to data-driven insights. The solution's compatibility with over a dozen HR and payroll systems, along with its flexible design and delivery options—including PDF files and secure digital distribution via Flimp Connect—further underscores its utility and adaptability.

This product arrives at a critical time when employers are grappling with challenges related to talent retention and employee appreciation. By offering a clear, comprehensive view of compensation and benefits, Flimp's Total Rewards Statements could play a pivotal role in addressing these issues, especially for mid-market organizations looking for cost-effective alternatives to enterprise solutions. With a client roster that includes esteemed names like Georgetown University, NPR, Swire Coca-Cola, and Tripadvisor, the potential impact of Flimp's latest innovation on the HR industry is significant.

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