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TriNet Enhances HR Passport™ Portal with New, Strategic Human Capital Services
Small Businesses Gain a Critical Advantage with Comprehensive Self-Directed Business Intelligence, Compensation Planning, and Online University Tools
SAN LEANDRO, Calif. (January 29, 2008) -TriNet, a nationwide provider of human resource (HR) outsourcing services for small and medium-sized companies, recently announced extensive new product offerings that give its customers a critical business advantage as they compete for in-demand new talent as well as successfully manage and support their existing employees.
In high-end industries such as technology and financial services, small business executives often seek ways to gain access to affordable enterprise-level tools and resources, because doing so can help position themselves as an attractive career destination and gain the competitive edge needed to catch the eye of prospective job candidates. The flexibility and scalability of TriNet's suite of web-based human capital management services — resources previously only available to big companies with big budgets — equip smaller company executives with additional "large company" resources and enable them to fully maximize their most important competitive asset: their people.
As a leader in the high-growth human resource outsourcing industry since 1988, TriNet has provided payroll, benefits, and HR services through its secure online portal since 1995. In recognition of its rapid customer base growth and in anticipation of expanding its business offerings to bring aboard larger scale organizations, the company has added even more efficiencies to its existing platform in the form of new strategic business intelligence and reporting tools, compensation planning and analysis, and innovative learning and developmental opportunities via its online university.
"As TriNet approaches its 20th anniversary, our focus remains the same — bringing order, simplicity, and ease-of-use to complex HR functions that allow our customers to go about the business of building their business," said Martin Babinec, president and chief executive officer of TriNet. "We understand the need to access an ever-changing level of HR services, and are extremely pleased our customers will continue to benefit from our growth and innovation by way of these new product additions."
New additions to TriNet's extensive human capital management product offerings now include:
Strategic Business Intelligence Tools
Through TriNet's online portal, HR Passport™, customers can now utilize a comprehensive suite of reports, analytics, and dashboards to assist with their strategic organizational planning. The Accounting Dashboard offers a detailed view of company payroll by month or quarter, and can be segmented by company, department, or down to the individual employee level. The Human Capital Management Dashboard allows customers to view and sort information related to headcount, employee tenure, average salary, and hires/terminations. The Reports Builder tool gives senior management the ability to customize, adjust, and modify high-impact reports such as census data, cost center data, and leave accruals.
Compensation Planner
TriNet's new Compensation Planner tool provides customers with the critical ability to benchmark their compensation and benefits packages against other companies within targeted industries and/or locations. This crucial information enables small business owners to develop, refine, adjust and fully leverage their compensation strategies in order to compete more effectively with larger or more well-known companies in today's exceedingly tight job market.
Delivered via HR Passport™, the tool provides accurate, reliable compensation detail based on specific metrics such as job title, region, and experience level, along with an immediate and precise snapshot of the job market, and crucial insights for making the right hiring and promotion decisions.
TriNet University™
With the launch of TriNet University™, customers gain access to a wide-range of training and development programs, making it easy and highly cost effective to give employee access to the critical learning and developmental tools they often expect from employers. Course content includes modules on harassment prevention training, management development, in-depth courses geared towards senior leadership, and hundreds of other on-demand modules. TriNet also offers "branded campuses" and custom course content designed to meet individualized customer training needs relative to specific areas such as new hire orientation, risk management, workplace ergonomics, and diversity issues.
"We expect TriNet University to become one of the smartest ways for companies to recruit and continue to retain top talent. Workplace learning and leadership development can help small and medium-sized companies invest in employee engagement and career advancement, boost effectiveness and productivity, and compete with the best of the best in today's ever-changing competitive marketplace," offered Babinec.
A demonstration of the new features and other extensive online service offerings delivered via TriNet's HR Passport™ can be viewed at http://www.trinet.com/demo.
About TriNet Group, Inc.
Founded in 1988, TriNet delivers outsourced human resources throughout the United States and Canada and specializes in serving the technology, financial and professional service industries. Its offerings include human asset administration, employer risk management, online employee benefits administration and support, payroll processing, tax compliance, workers' compensation, group health and welfare products, and strategic human capital consulting services. More than simply an HR services provider, TriNet contractually assumes certain legal and financial responsibilities regarding employer rights, legal compliance and risk management. For more information about TriNet, visit http://www.trinet.com.