iWorkwell Overview Presentation 1.8.08

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    Making HR EasyMaking HR Easy

    iWorkwell, Inc.

    1420 Walnut Street, Suite 1212, Philadelphia, PA 19102

    215-875-1230

    www.iworkwell.com [email protected]

    http://www.iworkwell.com/mailto:[email protected]:[email protected]://www.iworkwell.com/
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    Overview: iWorkwell, Inc.

    iWorkwell is a web-based resource with everything necessary to do HR cost-effectively yourself.

    iWorkwell is NOT:

    an HR outsourcer.

    an ASP, software, or IT (HRIS) system.

    a consulting firm.

    iWorkwell provides:

    the tools and knowledge you need to do HR correctly.

    immediate access to top HR experts.

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    iWorkwell - Expertise In All HR Disciplines

    Benefits

    Compensation

    Employee Relations

    Leadership, Management & Communication Legal/Legislative Issues

    Performance Management

    Safety & Security Staffing/Onboarding

    Technology & HRIS

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    More than 20 HR Experts including:

    Aon Consulting is among the world's top global human capital and managementconsulting firms, providing a complete array of advisory, outsourcing, and insurance

    brokerage services through 6,500 consultants to clients of all sizes in over 110 countries.The nation's largest business insurance broker, Aon is named by the readers ofBusinessInsurance magazine the "Best Employee Benefits Consulting Firm."

    Hay Group is one of the top global HR and organizational consulting firms. With a globalconsulting network of 86 offices across 47 countries, in-house researchers, andpartnerships with Harvard and Dartmouth, Hay solves the most challenging issues for over7,000 clients. Hay partners with Fortune magazine on the "World's Most AdmiredCompanies."

    Morgan Lewis LLP is ranked among the top 4 best law firms in the country for itsexpertise in the field of HR, employment law and labor relations. The nationally renownedfirm has hundreds of labor & employment law attorneys covering every geographic regionof the globe, and has briefed and argued a number of US Supreme Court cases.

    Shawn Farrell,J.D., is a partner in the Labor & Employment practice of Cohen Seglias.He advises on OSHA violations, ERISA, and how to investi-gate hostile workplace claims,

    and has litigated wrongful discharge, discrimination and sexual harassment actions.

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    More than 20 HR Experts

    Scott Behson, Ph.D., chaired the Department of Management at Fairleigh DickinsonUniversity and is a professor and member of the Center for HR Management Studies, abusiness & academic partnership involving 22 corporations and hundreds of executives &managers.

    Karen Ench, J.D., was a NY state employment law prosecutor before joining the HRconsulting practice at PricewaterhouseCoopers.

    Melissa Johnson, J.D., Psy.D., listed in Who's Who in American Law, combines expertisein both HR, and in labor and employment law. She practices at McCausland, Keen &Buckman, and MJ Consulting.

    Deborah Shapiro, J.D., MBA, is an attorney experienced in domestic and internationalemployment law, litigating in federal and state courts, and mediating for the United StatesEEOC.

    Wayne Tarken, MBA, SPHR, is widely recognized as a leader in the HR profession andserved on the Advisory Board of SHRM.

    Christopher Wright, Ph.D., a published expert in employee development,

    industrial/organizational psychology, and survey research methodology, is the founder ofReliant Live, whose clients include GM, KPMG, Phillip Morris, U.S. Army, U.S. Navy, Wyethand the YMCA.

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    iWorkwell,Inc.HR is NOT an Optional Activity. It is a

    required function.

    HR Activities

    You must:

    follow federal and state regulations keep up to date with employment laws

    attract & retain quality employees

    pay competitive salaries

    offer benefits (e.g., health insurance & 401K plans)

    train and incentivize staff

    file the proper forms

    process payroll

    and many other activities

    People are what make or break a business. You cannot run asuccessful company without doing HR effectively.

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    $250,000

    $137,000

    $72,000

    iWorkwell, Inc.

    Harassment Lawsuit

    Legal Fees

    In-House HR**

    HR Outsourcing*

    Annual HR CostsiWorkwell Gives You More For The Money

    Sources:* HR Outsourcing for a typical company of 30 to 100 employees, includes: On-site Technician, Payroll/HRIS,Benefits, and HR (The Outsource Group, June 5, 2001).** In-House HR for a typical company of 30 to 100 employees, includes: HR Manager, HR Generalist/BenefitsSupport/Payroll Person, Legal/Consulting Support, and Training Support (The Outsource Group, June 5, 2001).

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    So, HowEconomical Is iWorkwell?

    Only pennies per working hour from a high of26 cents per person/hour in a 5 person company,down to 1/10th of a cent per person/hour in a

    50,000 employee organization.

    Less than 1/20th the cost of hiring or outsourcingto someone capable in HR.

    Less than minimum wage, by orders ofmagnitude.

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    How Can Bad HR Practices CostYour Company

    What percentage of applicants, do you suppose, lieto their employers?

    Organizations face staggering statistics:

    57% lie about their duration of previousemployment.

    35% lie about having higher education.

    23% have used other names.

    9% lie about criminal convictions. 6% supply false Social Security Numbers.*

    * DeMey, D. & Flowers, J. Jr. (eds.) (2001) Dont Hire A Crook Austin, TX:Thomas Investigative Publications, Inc.

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    How Can Bad HR Practices CostYour Company

    According to Jury Verdict Research, the odds of anemployee winning a discrimination case are as high as65%.

    If a firm that conducted ethics training is sued fordiscrimination:

    Settlement cost: $85,000.

    Litigation cost*: $155,000.

    How much, on average, do you suppose it would cost afirm that did notconduct ethics training?

    Settlement cost: $304,000. Litigation cost*: $960,750.

    * Legal fees included.

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    How Can Bad HR Practices CostYour Company

    A survey conducted for LexisNexis by Harris Interactivefound that 35% of female workers and 17% of maleworkers claimed to have been harassed at work.

    How much do you think harassmentcases cost on

    average?

    According to statistics compiled by the EEOC and FEHA:

    Pre-trial settlements: $300,000.

    Litigation judgments: $1.8 Million.

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    Typical HR Practices

    Organizations generally cannot afford (or don't want) to build andmaintain large HR departments staffed with experts in every HRdiscipline.

    Whether or not they have a dedicated HR manager in eachlocation, most firms don't have enough hours in the day to handle

    all the HR issues that they face.

    All too often, firms have a limited professionally trained,knowledgeable and experienced HR staff. Therefore, they're alsoutilizing department heads, supervisors, secretaries, officemanagers or finance staff people with regular full-time jobs

    who now have HR responsibilities piled on.

    Yet with literally hundreds of critical HR topics and with the fieldchanging daily even an HR pro simply cannotstay on top ofeverything you need to know and do.

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    iWorkwell Augments Your Current Practices

    iWorkwell supplements a firm's internal HR resources (whatever theyare) with in-depth, up-to-date knowledge round-the-clock on thegamut of HR disciplines.

    Expertise from an entire department of HR experts.

    A comprehensive set of the best tools for the best price: Thousands oftools from hundreds of vendors are on the market. Which ones are valid

    and reliable, which ones should you use? iWorkwell has done theresearch and due diligence, vetted them, and negotiated a better dealthan you can get on your own.

    iWorkwell is an economical, total HR advisory system that: Improves productivity.

    Increases security. Saves money.

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    Research &

    FeedbackiSurvey

    EmployeeRelations

    Policy WizardRecordKeepingBriefcase

    Upgrading

    Skills

    Training /

    Development

    iWorkwell Meets Your HR Needs

    ComplianceRegulations& Forms

    Crisis

    Management

    Ask An Expert

    What to do?HR Navigator

    Paperwork

    Payroll

    Outsourcing

    StaffingAssessment

    Tools

    Competitive

    SalariesJobs & Salaries

    Risk

    Management

    Background

    Check

    HR ActivitiesiWorkwell

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    iWorkwell Features

    HR Navigator Best Practices

    Rely on this large and growing library of instructionalarticles for everything you need to know and do in HR.Unlike the opinion pieces, narratives and hard-to-readwhite papers elsewhere in magazines, newsletters orthe web, iWorkwell articles are succinct and to thepoint; they're action oriented, include checklists, andhelp you complete the task.

    Think of HR Navigator as a comprehensive cookbook:when you need to do X, you only need thatrecipe you don't read all of the other recipes from A to Z, andyou don't have to be a master chef.

    The instructions are easy to digest, so that no matterwho you are, you'll keep up with changes in the field,save time, and consistently follow best practices.

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    iWorkwell Features

    Regulations &Forms

    Get up-to-date legal information all of the federaland state forms, posters, notices, regulations andinstructions you require about management, health& safety, staffing/employment and tax & payroll. Manyforms are "smart" which can be completed electronic-ally (and emailed to employees).

    Save time and hassle searching your office or theInternet for the right information. Stop paying $1,000per year for quarterly subscriptions of cumbersomebooklets or CDs which may already be out of date bythe time they are printed, packaged, addressed,shipped and arrive on your desk. On iWorkwell, you'll

    have everything you need at your fingertips withinseconds.

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    iWorkwell Features

    Training /Development

    Access the best* online courses money can buy, andensure that employees are trained following federal &

    state regulations, such as Sarbanes-Oxley, which requiresthat all U.S. organizations not just publicly tradedcompanies provide extensive compliance training.Increase productivity, satisfaction and retention byupgrading employees' skills with thousands of coursescovering major business and technical topics. As aniWorkwell member, you'll save thousands of trainingdollarsper employee each year.

    Receive individualized advice fast, when you need it:submit a question, and an expert in that specificHR topic area will get back to you.

    Ask An Expert

    * Again awarded "Best ofElearning!"

    Hypothetical example: If you trained only 5 employees,you'd save $10,000-15,000 per year. Translate thatto 100 employees or 1,000.

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    iWorkwell Features

    Coming soon. Create the employee handbook you needto communicate company policies to employees. Followthis step-by-step guide which illustrates typical typesand terms of policies, then customize it to suit yourworkforce, culture, size, industry and location. Insteadof paying lawyers by the hour to write or update yourhandbook, you'll save $3,000-$10,000 in legal fees.

    Policy Wizard

    Want to know what your customers really think? Howabout your suppliers... or your staff? Conduct surveysfor market research or collect feedback from variousstakeholders. Analyze this data responses,complaints, ideas and make improvements: boostemployee morale and retention; improve productquality and service; increase customer satisfaction;spark product innovation.

    iSurvey

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    iWorkwell Features

    AssessmentToolsComing soon. Gather quantifiable data about thepersonalities, skills and abilities of current employeesand applicants. Learn who is wrong for the position,who lacks the knowledge or understanding to do thejob, and who has the emotional traits to perform wellwithin your existing workplace culture.

    Hundreds of vendors and thousands of tools are on themarket; which ones are valid, reliable, predictive, anduseful? iWorkwell has done the research and duediligence, vetted them, and compiled a comprehensiveset of the best tools for the best price.

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    iWorkwell Features

    BackgroundCheck

    Verify criminal, credit, driving, educational andemployment history. Easily and economically reduceyour risks associated with hiring mistakes (e.g.,unqualified staff, violence, theft, harassment) and

    make informed decisions using this service that's #1in accuracy and client satisfaction.

    Jobs &Salaries

    Attract and retain employees at the appropriate paylevel. If you're paying too little, your good employeeswill leave. If you're paying too much, you're wastinglimited resources which could be better used elsewhere.Instead, get the facts to get it right: enter geographiclocation and job title for the latest monthlycompensation data.

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    iWorkwell Features

    PersonalizedDaily News

    Think of this as your personal news-clipping service.Search for your competitors and other topics of

    interest; stay current in your field.

    Choose up to 3 industries or occupations, and receivean array of press releases and articles, updated daily,from such leading publications as The AssociatedPress, Bloomberg, CNN, The McKinsey Quarterly, The

    NY Times, Reuters, The Washington Post, Whartonand over 3,000 others.

    Save your favorite or frequently-used articles, forms,etc. in this organized storage space and work area. Briefcase

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    RecapiWorkwell Gives You More For The Money

    Sources:* HR Outsourcing for a typical company of 30 to 100 employees, includes: On-site Technician, Payroll/HRIS,Benefits, and HR (The Outsource Group, June 5, 2001).** In-House HR for a typical company of 30 to 100 employees, includes: HR Manager, HR Generalist/BenefitsSupport/Payroll Person, Legal/Consulting Support, and Training Support (The Outsource Group, June 5, 2001).

    $250,000

    $137,000

    $72,000

    iWorkwell, Inc.

    Harassment Lawsuit

    Legal Fees

    In-House HR**

    HR Outsourcing*

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    iWorkwell Benefits Your Organization

    By introducing HR best practices, improving employeeproductivity, minimizing administrative headachesand facilitating compliance with the law.

    By helping to avoid common HR pitfalls that can becostly and land your company and you in court.

    By providing an entire team of HR experts for lessthan 1/20th the cost of hiring even one.

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    iWorkwell Benefits Your Organization

    Only pennies per working hour for round-the-clock service.

    Drives & standardizes HR best practicesthroughout the corporation, and streamlinesoperations in all US locations.

    A corporate iWorkwell membership quickly paysfor itself. Its the best HR investment your

    organization can make.