SOURCE: Workscape

Workscape

September 10, 2009 14:00 ET

Workscape Experts to Discuss Best Practices at Upcoming Texas Total Rewards Conference

Sessions to Focus on Maximizing Compensation Value, Outsourcing Benefits Risk

MARLBOROUGH, MA--(Marketwire - September 10, 2009) - Workscape, Inc., a leading provider of outsourced benefits and talent management solutions, today announced details of its participation in the 2009 Texas Total Rewards Conference, to be held Monday, September 21, 2009 through Tuesday, September 22, 2009 at The Renaissance Hotel, 6 Greenway Plaza East, Houston. Workscape experts will present two sessions, one on outsourcing the risks associated with the benefits process and the second on maximizing the value of compensation year round.

While the country remains in an economic depression and budgets are stretched to their limits, more HR departments are turning to benefits outsourcing to save on costs. Marc Moschetto, Workscape's director of product marketing, Outsourced Benefits Administration, will discuss how companies can inherently outsource the risks associated with these benefits processes during "Outsourcing Benefits Means Outsourcing Risk: Rewards in Outsourced Benefits Administration" on Monday, September 21 from 9:15 a.m. to 10:15 a.m. Attendees of this session will learn how to determine the risks created by their companies' benefits administration programs and how outsourcing can mitigate these risks; what it is costing companies -- in expenses and resources -- when benefits administration-related risks are managed internally; and how to choose the right outsourcing partner.

When looking for ways to meet tighter budgets, many HR departments focus mainly on cost cutting and are less concerned with employee engagement and retention. According to Workscape, this is a mistake, as engaged employees are more productive and top performers can find employment in any economy. In fact, as many companies cannot currently grant traditional merit raises or bonuses, the true value of total rewards becomes more important to employees. Robert Mattson, Workscape's senior manager of Product Marketing, will discuss how to rein in costs while still providing competitive compensation during his presentation "The 365 Days of HR: Maximizing Value and Controlling Compensation Year Round" on Monday, September 21, from 11:00 a.m. to noon. He will use real-world examples to illustrate how companies implemented cutting-edge techniques to improve their processes and transform a static, focal compensation window into a dynamic, year-round process. He will discuss how to balance different compensation processes and information requirements throughout the year, as well as how to effectively communicate the value of benefits to employees. Additionally, he will discuss how to avoid mistakes that can cost organizations millions of dollars annually.

Throughout the conference, company representatives will be on hand in the exhibits area to discuss Workscape's solutions.

About Workscape

Workscape is unique in its ability and demonstrated domain expertise in addressing the talent management, benefits administration and employee communication challenges of hundreds of organizations and millions of workers across the country and across the globe. For the past decade, Workscape has been delivering Web-based software and services that are proven to help organizations reduce healthcare costs, improve adherence to compensation budgets and ensure alignment between employee activities and corporate goals. As a result, our employee-centric approach has consistently helped organizations to achieve the highest return on their greatest workforce expenditures: healthcare benefits and employee compensation. For more information about Workscape, visit www.workscape.com or call 888-605-9620.