Stillwater Mining Company Engages Employees by Outsourcing Total Compensation Statements to Benefit Software Inc. (BSI)
Santa Barbara, CA, September 17, 2008 --(PR.com)-- BSI provides Stillwater Mining Company with Total Compensation Statements that help an employee measure the total value of his or her compensation and benefits.
Recognizing that Total Compensation Statements are effective in engaging employees in company efforts to improve operations; Stillwater Mining Company in Billings, Montana chose BSI, a leading provider of employee benefits communication solutions, to produce total compensation statements for its workforce of 1,600 employees. Originally discussed as an internal HR project, Stillwater Mining Company chose BSI as an outsource provider based on its reputation, expertise, professionalism, and cost-effective solutions.
"We did our homework and received quotes from a number of vendors, but it was clear in the beginning that Benefit Software had the level of expertise and customer service that would guarantee success for our project,” states Mindy Gullen, HRIS analyst. “The pricing was competitive... even more so than some others because there were no hidden costs."
The Total Compensation Statements produced for Stillwater Mining Company were fully customized and branded to include a letter from the CEO, a summary table showing total cash compensation, a summary table showing employer and employee contributions to benefits and a pie chart illustrating total compensation. The Total Compensation Statement also included sections on Savings and Retirement, Health Care, Survivor Benefits, Paid Time-Off, Stock Purchase Plan, Social Security and Income Protection where employees could learn more about their rich benefits package.
This communication tool helped Human Resources place all pieces of the total compensation package together for employees in a simple, easy to understand format, further illustrating the importance of the employee to the organization and the importance of the total compensation package to each employee.
"The total compensation statement we received from Benefit Software was professional, attractive, and customized to fit our workforce. We had positive feedback from our employees and the document helped to open up better lines of communication between the workforce and Human Resources,” states Mindy. “The technical team we worked with was great; they were helpful, knowledgeable and accessible. Overall, working with Benefit Software was a positive experience and we plan to do it again."
Printed Benefit Statement Services
Members of the BSI Printed Statement team support clients through the entire benefits communication process - from strategy and data gathering to statement design and final production.
Printed statement services include:
· Consultation, to determine individual requirements and needs
· Project management; such as timelines, budgets, internal review processes, and production schedules
· A secure, private client engagement website to manage communications and project milestones
· Statement design and copy management, including drafting text and/or editing client provided text that promotes organizational mission and strategic messaging.
· Statement format options include straightforward single-page summary statements to comprehensive, graphically rich, multi-page statements
· Integration of employee census and benefits data and, if applicable, data files from third-party administrators or insurance agents/brokers
· Professional production and printing services to ensure high quality finished statements
· A rigorous review process throughout the engagement to ensure that employee benefit statements meet changing requirements in each client’s dynamic work environment
About Stillwater Mining Company
Stillwater Mining Company is engaged in the development, extraction, processing, smelting, refining, and marketing of palladium, platinum and associated metals from a geological formation in southern Montana known as the J-M Reef. This is the only know significant source of platinum group metals in the United States and one of the significant resources outside Russia and South Africa. Stillwater Mining Company’s corporate office is located in Billings, Montana.
The Company conducts mining operations at the Stillwater Mine near Nye, Montana and the East Boulder Mine South of McLeod, Montana. Both mines are located on the J-M Reef. Concentrating plants are operated at both mines to upgrade ore to a concentrate. The company also operates a smelter, refinery and laboratory at Columbus, Montana to further upgrade the concentrate to a platinum group metal rich filter cake. Spent catalyst material is also recycled at the smelter and refinery to recover platinum group metals. Platinum group metals are rare precious metals that are used in diverse applications for auto catalysts, fuel cells, hydrogen purification, electronics, jewelry, dentistry, medicine, water treatment, coinage and other uses.
About Benefit Software Inc.
Benefit Software Inc. is a leading provider of highly effective employee benefits communication solutions. In addition to designing and publishing PC software applications, BSI offers outsourced printed Total Compensation Statement services through its Printed Statements team and is software as a service (SaaS) provider for Fringe Facts® Online, a comprehensive, customized Internet-based employee benefits communication solution. The dedicated staff at Benefit Software have backgrounds in human resources, employee benefits, insurance, finance, program development, software support and training. Incorporated in 1978, the company has helped more than 5,000 customers find solutions to their employee benefits communication problems. The company continues to develop new benefits communication solutions for employers and insurance professionals.
For additional information, contact:
Flora Pappas
Marketing Coordinator
Benefit Software, Inc.
800-533-1388
pr@bsiweb.com
www.bsiweb.com
###
Recognizing that Total Compensation Statements are effective in engaging employees in company efforts to improve operations; Stillwater Mining Company in Billings, Montana chose BSI, a leading provider of employee benefits communication solutions, to produce total compensation statements for its workforce of 1,600 employees. Originally discussed as an internal HR project, Stillwater Mining Company chose BSI as an outsource provider based on its reputation, expertise, professionalism, and cost-effective solutions.
"We did our homework and received quotes from a number of vendors, but it was clear in the beginning that Benefit Software had the level of expertise and customer service that would guarantee success for our project,” states Mindy Gullen, HRIS analyst. “The pricing was competitive... even more so than some others because there were no hidden costs."
The Total Compensation Statements produced for Stillwater Mining Company were fully customized and branded to include a letter from the CEO, a summary table showing total cash compensation, a summary table showing employer and employee contributions to benefits and a pie chart illustrating total compensation. The Total Compensation Statement also included sections on Savings and Retirement, Health Care, Survivor Benefits, Paid Time-Off, Stock Purchase Plan, Social Security and Income Protection where employees could learn more about their rich benefits package.
This communication tool helped Human Resources place all pieces of the total compensation package together for employees in a simple, easy to understand format, further illustrating the importance of the employee to the organization and the importance of the total compensation package to each employee.
"The total compensation statement we received from Benefit Software was professional, attractive, and customized to fit our workforce. We had positive feedback from our employees and the document helped to open up better lines of communication between the workforce and Human Resources,” states Mindy. “The technical team we worked with was great; they were helpful, knowledgeable and accessible. Overall, working with Benefit Software was a positive experience and we plan to do it again."
Printed Benefit Statement Services
Members of the BSI Printed Statement team support clients through the entire benefits communication process - from strategy and data gathering to statement design and final production.
Printed statement services include:
· Consultation, to determine individual requirements and needs
· Project management; such as timelines, budgets, internal review processes, and production schedules
· A secure, private client engagement website to manage communications and project milestones
· Statement design and copy management, including drafting text and/or editing client provided text that promotes organizational mission and strategic messaging.
· Statement format options include straightforward single-page summary statements to comprehensive, graphically rich, multi-page statements
· Integration of employee census and benefits data and, if applicable, data files from third-party administrators or insurance agents/brokers
· Professional production and printing services to ensure high quality finished statements
· A rigorous review process throughout the engagement to ensure that employee benefit statements meet changing requirements in each client’s dynamic work environment
About Stillwater Mining Company
Stillwater Mining Company is engaged in the development, extraction, processing, smelting, refining, and marketing of palladium, platinum and associated metals from a geological formation in southern Montana known as the J-M Reef. This is the only know significant source of platinum group metals in the United States and one of the significant resources outside Russia and South Africa. Stillwater Mining Company’s corporate office is located in Billings, Montana.
The Company conducts mining operations at the Stillwater Mine near Nye, Montana and the East Boulder Mine South of McLeod, Montana. Both mines are located on the J-M Reef. Concentrating plants are operated at both mines to upgrade ore to a concentrate. The company also operates a smelter, refinery and laboratory at Columbus, Montana to further upgrade the concentrate to a platinum group metal rich filter cake. Spent catalyst material is also recycled at the smelter and refinery to recover platinum group metals. Platinum group metals are rare precious metals that are used in diverse applications for auto catalysts, fuel cells, hydrogen purification, electronics, jewelry, dentistry, medicine, water treatment, coinage and other uses.
About Benefit Software Inc.
Benefit Software Inc. is a leading provider of highly effective employee benefits communication solutions. In addition to designing and publishing PC software applications, BSI offers outsourced printed Total Compensation Statement services through its Printed Statements team and is software as a service (SaaS) provider for Fringe Facts® Online, a comprehensive, customized Internet-based employee benefits communication solution. The dedicated staff at Benefit Software have backgrounds in human resources, employee benefits, insurance, finance, program development, software support and training. Incorporated in 1978, the company has helped more than 5,000 customers find solutions to their employee benefits communication problems. The company continues to develop new benefits communication solutions for employers and insurance professionals.
For additional information, contact:
Flora Pappas
Marketing Coordinator
Benefit Software, Inc.
800-533-1388
pr@bsiweb.com
www.bsiweb.com
###
Contact
Benefit Software Inc
Flora Pappas
800-533-1388
www.bsiweb.com
Flora Pappas
800-533-1388
www.bsiweb.com
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