Workscape Trumps Competition as On-Demand Compensation Management Leader

MARLBOROUGH, MA--(Marketwire - September 29, 2008) - Workscape, Inc., a leading provider of outsourced benefits and talent management solutions, today reaffirmed its leadership position in the on-demand compensation management category. More than $100 billion total compensation is being managed by its growing client roster. Consistent with this leadership stance, Workscape's award-winning talent management suite is deployed in 180 countries with support for 48 currencies and more than 40 languages.

Performance-driven compensation is changing the way that organizations align individual, group, and company goals to determine business outcomes. With compensation at its core, Workscape's talent management suite has been uniquely designed to address what is indisputably the toughest challenge faced by managers and HR professionals. Managing the complexities of compensation, specifically pay-for-performance programs across global workforces, requires a reliable partner that is expert in intricate data-privacy regulations, cultural expectations, currencies, time zones, and languages. Workscape's centralized approach also enables employers to align employees across regions towards common goals, shortens the compensation cycle by automating workflows, and enables managers to quickly identify process bottlenecks.

Tony Marzulli, Workscape's Chief Marketing Officer, observed, "When it comes to compensation management -- especially in those instances where global compensation is a reality or a future aspiration -- organizations need to work with Workscape, a partner that can scale to handle the volume, accommodate multiple languages to include the production of compensation statements in the corresponding language, process multiple currencies in-place instead of requiring manual conversions, but most importantly, address the complexities that occur when supporting differing time zones, local market-driven compensation programs and cultures." He continued, "That's why more and more companies are turned off by boastful vendors that make over-the-top, hollow promises and false claims of leadership. Workscape's proven compensation management solution is already serving nearly 2 million employees. In fact, our solution is so robust that in one instance it has achieved a 99.6% user adoption rate in a deployment to more than 300,000 employees across 70 countries."

Workscape's compensation solution has been deployed by organizations in numerous vertical markets, including financial services, manufacturing and healthcare. Marzulli shared, "Our compensation solutions are used to manage over $100 billion in total compensation. That's more than $80 billion in salaries, more than $10 billion in stock, more than $4 billion in bonuses, more than $2 billion in merit increases and more than $1 billion in spot awards. There isn't another technology vendor in the talent management category that can tout these numbers. And it's because when we architected our talent management suite, we built exceptionally deep functionality in compensation management to give our clients what they need to confidently support pay-for-performance, retain top talent and mitigate risks."

Workscape recently extended the power of its compensation management expertise to companies with 1,000 to 5,000 employees through its Express solution. Designed to help mid-market managers quickly and easily make smarter performance-driven compensation decisions and reward employee performance that drives bottom-line results, Workscape Compensation Express with Workscape Performance Express comprise an integrated Web-based suite that handles all compensation and performance elements. As a result, mid-sized companies tap the power, scalability, and flexibility of Workscape's leading enterprise integrated talent management suite, which bring together compensation and performance management in one easy-to-use solution that have been driving some of the world's largest companies for years.

Workscape will demonstrate its solutions at the upcoming HR Technology Conference, being held in Chicago from October 15 - 17, 2008.

About Workscape On-Demand Talent Management Suite

Workscape's award-winning, multi-lingual compensation solution helps customers manage more than $100 billion in compensation, streamlines compensation cycles, ensures consistency and fairness, and empowers managers to pay-for-performance while adhering to corporate guidelines and budgets. The company's performance management solution has managed more than one million performance ratings, automating the performance management process and fully aligning goals, competencies, results and compensation throughout customers' organizations. Both products are delivered via the software-as-a-service (SaaS) model, can be deployed individually or fully leverage Workscape's integrated Web-based platform, and are available in Express versions for mid-sized companies.

About Workscape

Workscape is a leading provider of business-critical HR solutions that enable hundreds of organizations to manage their two largest workforce expenditures: employee benefits and performance-driven compensation. Workscape's offerings share a common technology platform, can be readily integrated with existing IT investments, serve millions of employees, and are scalable and configurable to meet the distinct requirements of organizations ranging from 1,000 to over 400,000 employees. One client uses the company's award-winning multi-lingual compensation solution to compensate hundreds of thousands of employees across 70 countries. Workscape's outsourced benefits administration offerings are backed by U.S.-based 24/7 support for managers and employees on policies and processes. For more information about Workscape, visit www.workscape.com or call (888) 605-9620.