ANNUAL DIRECTORY OF BENEFIT COMMUNICATION SYSTEMS

W

Watson Wyatt Worldwide

6707 Democracy Blvd., Suite 800, Bethesda, Md. 20817-1129; 301-581-4600; fax: 301-581-4688

Software products:

Virtual HR.

System type/cost: Purchased, leased and operated on a service bureau basis.

System requirements: PC system, network (Internet/intranet); operates in Windows.

Customized system.

First installation: 1985.

Total installations: 100.

Benefits communicated: Options available for savings plans, health plans, pension plans, workers comp benefits, flexible benefits and flexible spending accounts, leave tracking, job postings, salary planning and management, training.

Features: Options available to add plan descriptions; personal information; direct enrollment; modeling/projections; employee specific recommendations; option selection/adjustment; health claims status; details on investment alternatives; transfers among investment funds; reports via computer diskette, electronic mail, printer, fax and mail.

Accessed through: Telephone, kiosk, employee's PC, benefit department kiosk, Internet, intranet.

User support: User groups/meetings*, onsite training*, telephone assistance 24 hours per day*.

Officers: Pete Smith, president/CEO; Paul Daoust, executive vp/COO.

Contact: Steve McCormick, 202-626-9731.

*Included in system price.