Flimp Launches Total Rewards Statements to Enhance Employee Compensation Transparency

Flimp, a provider of employee benefits and HR communications solutions, has released its new Total Rewards Statements product, expanding its traditional benefits solutions for the mid-market. This offering enables employers to easily demonstrate the complete value of their compensation and benefits to employees, thereby increasing appreciation for total rewards packages. As an alternative to more expensive enterprise solutions, Flimp's personalized reports are securely delivered within two weeks and include a cover page, executive letter, personalized compensation package report, and key plan details.

Total Rewards Statements are crucial for driving employee retention, engagement, and happiness, which are top priorities for HR leaders annually. Incorporating value-priced statements from Flimp into existing benefits communication campaigns helps maintain important information year-round, retain top talent, enhance pay transparency, and reduce turnover costs. Employees gain immediate understanding of their true value to the company and appreciate the full investment in their future through compensation, bonuses, and benefits.

Wayne Wall, CEO of Flimp, stated, "We're excited to be expanding our team and our offerings to include more traditional benefits materials to help mid-market employers better promote their total rewards investments. As an extension of our clients' teams, we take benefits communications content from design to delivery. Our Total Rewards Statements help employers do just that by delivering beautifully designed, easy-to-read reports that give employees a clear view of their full compensation package—something that goes far beyond just a paycheck."

Flimp's Total Rewards Statements are fully customizable, branded to align with each company's unique culture, and individualized for every employee, enabling employers to communicate critical information one-on-one about overall compensation packages. The benefits include a seamless process with step-by-step instructions for extracting total rewards data from over a dozen HR/payroll systems, customizable statements with up to 14 benefits and five compensation categories, and delivery within two weeks. These statements increase transparency and employee engagement by providing a clear view of total compensation, offering data-driven insights on benefit usage, and allowing employers to choose from 10 style templates or custom designs to match their brand.

Secure delivery options include PDF files, with alternatives such as distribution via Flimp Connect, its HITRUST messaging platform, or print/mail services for an additional cost. The statements are valuable to employees because they encompass both compensation and the company's overall employer value proposition, including wellness benefits, career-development opportunities, time off, and other perks that support work-life balance. These non-monetary benefits are often overlooked but can be critical reasons employees choose and remain with an employer.

Flimp's solutions are utilized by recognized brands like Georgetown University, NPR, Swire Coca-Cola, and Tripadvisor, with most clients returning annually due to the company's dedication to their success. The modular approach ensures flexible benefits communication campaigns meet the needs of various organizations, allowing them to select only necessary solutions. Integration into existing platforms and processes is straightforward, with continuous improvements to provide the latest in benefits communication technology. For more information, visit https://flimp.net/contact.