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AKUNAWARE         All-in-One Total Rewards Solution                         Today, critical business data lives in silos: ...
AKUNAWAREAll-in-One Total Rewards Solution           Contents at a Glance1. Introduction2. AKUNAWARE . . .       What it i...
AKUNAWARE All-in-One Total Rewards Solution1. Introduction                  Peter Drucker, legendary management consultant...
AKUNAWARE        All-in-One Total Rewards Solution1. Introduction    The greatest gains from pay and benefits have been ma...
AKUNAWARE  All-in-One Total Rewards Solution1. Introduction    AKUNAWARE is SaaS that converts hidden payroll and benefits...
AKUNAWARE                  All-in-One Total Rewards Solution1. Introduction                   Most companies (58% of large...
AKUNAWARE All-in-One Total Rewards Solution1. Introduction                                 In Summary         •   It’s cri...
AKUNAWARE   All-in-One Total Rewards Solution2. AKUNAWARE, what it is   AKUNAWARE is an invaluable app on your   desktop, ...
AKUNAWARE All-in-One Total Rewards Solution2. What it is not            not HRIS            not payroll            not TPA...
AKUNAWARE  All-in-One Total Rewards Solution2. AKUNAWARE, how it works          DATA flows seamlessly from silos (includin...
AKUNAWAREAll-in-One Total Rewards Solution2. AKUNAWARE, how it works           . . . into AKUNAWARE
AKUNAWARE  All-in-One Total Rewards Solution2. AKUNAWARE, how it works           PARTNER pricing is based on multiple cens...
AKUNAWARE All-in-One Total Rewards Solution2. AKUNAWARE, how it works   We carve out each census and pre-populate AKUNAWAR...
AKUNAWARE   All-in-One Total Rewards Solution2. AKUNAWARE, how it works   NEW! “Book-of-Business” view for competitive pri...
AKUNAWARE                            All-in-One Total Rewards Solution2. Why it matters to employers                      ...
AKUNAWARE                            All-in-One Total Rewards Solution2. Why it matters to brokers                      Be...
AKUNAWARE   All-in-One Total Rewards Solution2. Why it matters to employees                        Pay and benefits are th...
AKUNAWARE   All-in-One Total Rewards Solution2. The value proposition for brokersAKUNAWARE PARTNERS can expect to:        ...
AKUNAWARE                 All-in-One Total Rewards Complete Package                                          SolutionCOM  ...
AKUNAWARE ABOUT US NEWS PARTNERS                                                      LOGIN:              We deliver a tot...
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Akunaware Ce Part I 2012

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Akunaware Ce Part I 2012

  1. 1. AKUNAWARE All-in-One Total Rewards Solution Today, critical business data lives in silos: in file cabinets, in the cloud, in spreadsheets and reports and it’s difficult to access and anlayze. By the time you get the data you want or need it’s no longer current. With AKUNAWARE, the information you need is always in one place. AKUNAWARE brings together - for the first time ever - every cost component of Total Rewards. It’s about time! No more searching. No more asking. AKUNAWARE is a new approach unlike anything before delivered as a service that totally transforms Total Rewards.AKUNAWARE All-in-One Total Rewards Solution – V05 (4.2.12) Copyright © Total Compensation Solutions, Inc. 1996-2012 All rights reserved
  2. 2. AKUNAWAREAll-in-One Total Rewards Solution Contents at a Glance1. Introduction2. AKUNAWARE . . . What it is (and what it isn’t) How it works Why it matters to brokers and employers Value proposition for brokers3. It’s Time: the key features
  3. 3. AKUNAWARE All-in-One Total Rewards Solution1. Introduction Peter Drucker, legendary management consultant, once said: "What gets measured, gets managed." Drucker espoused the benefits of metrics decades ago, yet in 2012, few companies have gained from this wisdom. What companies have instead is a preponderance of data. Companies (and workers) suffer from “data overload." The critical problem companies face is gaining actionable insight from all of this data.
  4. 4. AKUNAWARE All-in-One Total Rewards Solution1. Introduction The greatest gains from pay and benefits have been made by Best-in-Class organizations that have automated the process of collecting data. To maximize competitive advantage, the Best-in-Class fully integrate existing workforce management applications with the Total Compensation Management (TCM) system. Best-in-Class Average Laggard Improved revenue per employee 90% 46% 5% ? Improved labor costs 83% 2% 0% ? Improved job satisfaction 73% 32% 3% ? Improved employee retention 64% 17% 4% ?
  5. 5. AKUNAWARE All-in-One Total Rewards Solution1. Introduction AKUNAWARE is SaaS that converts hidden payroll and benefits data for TCM, and through collaboration efforts with benefits consultants, Best-in-Class organizations maximize ROI and gain significant competitive advantage. You may already be thinking: Don’t companies have a system for managing this critical data? The simple fact is: while planning, reporting, and analysis can be automated with traditional business intelligence (BI) applications, these systems are too costly, too complex, and too time consuming for most companies to implement and manage.
  6. 6. AKUNAWARE All-in-One Total Rewards Solution1. Introduction Most companies (58% of large corporations, 79% of mid-sized and 92% of small business) utilize unreliable methods for managing payroll and benefits costs. They tackle the job with spreadsheets and an impromptu mix of reports and manual processing. This approach has many drawbacks including limited reporting abilities, high error rates, and lack of real-time visibility and collaboration capabilities with benefits consultants.
  7. 7. AKUNAWARE All-in-One Total Rewards Solution1. Introduction In Summary • It’s critical for companies to gain actionable insight from their data to achieve Best-in-Class position; • SMB is ripe for a solution that is not too costly, too complex, too time consuming and delivers huge ROI; • The solution: must be affordable (not $100,000 to $1M), simple to implement, require no IT involvement, provide real- time visibility and allow collaboration with consultants Combined, this presents strategic and forward-thinking brokers with a proactive way to take charge when a) margins are strained, b) retaining customers is imperative, and c) the industry is at a crossroad
  8. 8. AKUNAWARE All-in-One Total Rewards Solution2. AKUNAWARE, what it is AKUNAWARE is an invaluable app on your desktop, laptop, and mobile device It’s provided at no cost (or low cost) to brokers It adds new revenue to your bottom line!
  9. 9. AKUNAWARE All-in-One Total Rewards Solution2. What it is not not HRIS not payroll not TPA system not claims analysis not online enrollment not benefit administration
  10. 10. AKUNAWARE All-in-One Total Rewards Solution2. AKUNAWARE, how it works DATA flows seamlessly from silos (including any of these systems) . . .
  11. 11. AKUNAWAREAll-in-One Total Rewards Solution2. AKUNAWARE, how it works . . . into AKUNAWARE
  12. 12. AKUNAWARE All-in-One Total Rewards Solution2. AKUNAWARE, how it works PARTNER pricing is based on multiple census data (stacked in one file) using a single template format
  13. 13. AKUNAWARE All-in-One Total Rewards Solution2. AKUNAWARE, how it works We carve out each census and pre-populate AKUNAWARE for each employer regardless of the number of employees!
  14. 14. AKUNAWARE All-in-One Total Rewards Solution2. AKUNAWARE, how it works NEW! “Book-of-Business” view for competitive pricing, analysis, and metrics
  15. 15. AKUNAWARE All-in-One Total Rewards Solution2. Why it matters to employers Money talks. Employer Goals/Objectives It’s no surprise when a company wants to get the attention - or retention - of employees, they turn to payroll. Return on Investment But in the midst of a tough economy and tight budgets, the answer doesn’t lie in padding payroll, it comes from using pay VALUE (and benefits) more wisely to extract maximum VALUE from Return on the current investment. Experience TRUE VALUE comes at the intersection of EMPLOYER goals Employee and objectives and EMPLOYEE needs; where the business Needs/Expectations realizes ROI and the employees’ needs and expectations are met
  16. 16. AKUNAWARE All-in-One Total Rewards Solution2. Why it matters to brokers Better ROI From Benefits Employer Goals/Objectives Just offering benefits isnt enough. Strategic brokers assure employees comprehend their complete benefits package. Return on Investment Research shows a direct connection between how well employees VALUE understand their benefits and whether they experience VALUE. Return on Experience In a climate of economic and regulatory uncertainty, strategic brokers take steps to ensure their clients get the best Return on Employee Investment with maximum VALUE including: Needs/Expectations 1. Understand each client’s competitive position 2. Be creative in managing the costs 3. Strengthen the connection with employees
  17. 17. AKUNAWARE All-in-One Total Rewards Solution2. Why it matters to employees Pay and benefits are the largest business expense (50% in private companies and upwards of 80% in public employers), yet most employers lack clear visibility into these costs. As a consequence, employees lack understanding as to the Private employer total cost and VALUE of their Total Rewards package. Benefits: $8.25/hr Salary: $19.85/hr When companies have meaningful insight into these costs they can operate more profitably. Profitability matters! In fact, it’s imperative for everyone involved, including the employees.
  18. 18. AKUNAWARE All-in-One Total Rewards Solution2. The value proposition for brokersAKUNAWARE PARTNERS can expect to: Transform your role with HR: become a strategic advisor providing proactive value-added business intelligence Win the confidence of the CFO: provide unprecedented information to support budgets, model and forecast pay and benefit budgets Enlighten clients: convert inactive client data into powerful information and drive planning, profitably and the attainment of intended results CONNECT Educate Employees: assure that the value, investment and importance of Total Rewards is clearly (and routinely) communicated to employees
  19. 19. AKUNAWARE All-in-One Total Rewards Complete Package SolutionCOM MUN CS IC ATIO TI N ANALYDEMOGRAPHICS It’s Time! BENCHMARKING CO T IF” ST HA SH “W AR ING CA G PA AF P IN NN FO METRICS LA RD P A BI LI TY
  20. 20. AKUNAWARE ABOUT US NEWS PARTNERS LOGIN: We deliver a total rewards analytics, modeling, planning and communication solution in a day, or it’s FREE! 10-99 Employees 100-999 Employees Over 1000 Employees KLearn more All-in-one-features Success stories Resource CenterHow we do it Analyzing & Evaluating White papersHow it works Modeling & Planning Data sheetsDiscount pricing Budgeting & Forecasting Adidas-TaylorMade Golf Company ArticlesSpecial offers KNOWLEDGE Educating & Communicating employees rave about their online Press release Total Rewards dashboard full story CENTER ©1996 – 2012 Total Compensation Solutions. All Rights Reserved

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