SANTA BARBARA, Calif., Oct. 22, 2003 (PRIMEZONE) -- Benefit Software Inc. (www.bsiweb.com), developer of Fringe Facts(r) Communicator software, provides City of Arcadia with personalized benefit statements to communicate the high cost of benefits to the City's 300 full-time employees.
Benefit statements show employees their employer paid benefits in easy to understand tables and graphs and what these benefits are worth. This helps employees understand and appreciate the total value of their total compensation package. Employers who provide their employees with personalized benefit statements find that employee morale goes up, turnover is reduced, and productivity increases.
Tracey Hause, Administrative Services Director, in charge of HR and Finance for the City of Arcadia said, "Our staff is lean. We don't have the time or manpower to do a project like this internally. The cost to outsource to Benefit Software was easy to justify because it would have been twice as much to develop a report writing system to pull the same info out of our payroll system. The statements were attractive and our project manager was great."
Ms. Hause commented, "The statements were great for summarizing benefit information for the lay-person. They helped us quantify paid time off such as vacation, sick time, and administrative leave. I think the statements were also helpful during contract negotiations."
Benefit Software Inc. is a leading provider of employee benefit communications products and services. For more than 25 years U.S. organizations have come to rely on BSI when they want affordable communication solutions. According to William Smith, Business Development Director at Benefit Software, "We recognized there was a substantial market of potential clients who would benefit from our software, but did not have the internal resources to complete the benefit statement project."
"Either service allows organizations to send us their information and we do all the designing, formatting, calculations and printing and/or web hosting. In other words, we provide total outsourcing of the benefit statement process. Clients benefit by having the final product without having to purchase, install and learn the software."
Benefit Software clients have three options when it comes to producing personalized benefit statements. They can purchase Fringe Facts Communicator software to create statements in-house or, depending on their requirements, they can engage BSI to design and produce printed employee statements or host a 24/7 employee benefit communications portal."
About Benefit Software Inc.
Benefit Software Inc. (BSI) enables companies to offer employee self-service benefit enrollment, information, and employer administration; including billing, reconciliation and communication between HRIS, payroll and insurance carriers. Fringe Facts Online services are delivered as hosted applications, comprehensive to the benefit package of the employer, including core and voluntary benefits. BSI delivers advanced software solutions that manage benefit communications and workers' compensation claims. For more information, visit www.bsiweb.com.
The Benefit Software Inc. logo is available at: http://media.primezone.com/prs/single/?pkgid=705