Employee Absence and Disability Productivity Management
Published : 2011-12-02 - Updated : 2021-01-25
Author : The Standard - Contact: standard.com
🛈 Synopsis : The Workplace Possibilities program is a unique, proactive approach to helping employers prevent and manage employee absence and disability. The Workplace Possibilities program proactively brings these practices together to significantly reduce the duration, cost and impact of employee absence and disability. Though employers have used individual methods to address each of these challenges, uniting three key practices into one cohesive approach is the answer...
Standard Insurance Company ("The Standard") has announced the release of a white paper, titled The Future of Absence and Disability Management, that addresses three major employee absence and productivity challenges faced by employers. Employers will learn how to address and solve these issues by integrating three key practices that change the way they manage absence and disability in the workplace.
Disability Insurance (DI), or disability income insurance, is a form of insurance that insures the beneficiary's earned income against the risk that a disability will make working uncomfortable (as with psychological disorders), painful (as with back pain), or impossible (as with coma). It includes paid sick leave, short-term disability benefits, and long-term disability benefits.
The three employer challenges the white paper addresses are:
- Managing different types of employee absence and disability.
- Establishing a return to work (RTW) program following short- and long-term disability.
- Dealing with the lack of resources available to improve employee health and productivity.
"Though employers have used individual methods to address each of these challenges, uniting three key practices into one cohesive approach is the answer," said Michael Klachefsky, National Practice Leader, Workplace Possibilities for The Standard and author of the white paper. "The Workplace Possibilities program proactively brings these practices together to significantly reduce the duration, cost and impact of employee absence and disability."
The three practices that function together in the health and productivity management model include:
- 1) Transitional RTW - This system makes temporary job accommodations so that employees can get back to work while still recovering from an injury or illness.
- 2) Nurse case management "Employers have found success in having a nurse with RTW and adjudication experience manage absence and disability.1
- 3) On-site providers - Employers are starting to see the value of having medical/pharmacological services available to their employees at the workplace.
Through The Standard's holistic system, Workplace Possibilities helps reduce the average duration of, and hard-dollar costs associated with, short-term disability. In 2010, Workplace Possibilities saved employers participating in the program close to $1.7 million (The Standard internal data, 2011).
To download The Future of Absence and Disability Management white paper or to learn more about The Standard's Workplace Possibilities program, visit: workplacepossibilities.com/whitepaper
Workplace Possibilities Program
The Workplace Possibilities program is a unique, proactive approach to helping employers prevent and manage employee absence and disability. An on-site consultant helps to connect employees with their health management programs and identifies opportunities to keep at-risk employees on the job or return to work faster.
The program delivers rapid and measurable reductions in absence- and disability-related costs while also improving the efficiency of the HR team and increasing employee satisfaction.
For tips and tools HR professionals can use to help re-imagine the way they manage absence and disability, visit: www.workplacepossibilities.com
1 The Impact of Employer Health and Productivity Management Practices, Integrated Benefits Institute (July 2010).
Employee Disability, Absenteeism and Productivity Issues : New survey says supervisors and managers are poorly equipped to deal with employee disability absenteeism and productivity issues.
Source/Reference: The Standard (standard.com). Disabled World makes no warranties or representations in connection therewith. Content may have been edited for style, clarity or length.
Related Insurance Documents
- 1: Why Don't More Americans Insure Their Income? : New report identifies factors preventing many full-time working adults from insuring their income in case of disability.
- 2: Employee Absence and Disability Productivity Management : The Workplace Possibilities program is a unique, proactive approach to helping employers prevent and manage employee absence and disability.
- 3: Disability Income Insurance Tips : Insurance Commissioner Dave Jones provides tips about disability income insurance and encourages consumers to examine and understand their options.
- 4: Choosing Between Disability Insurance and Critical Illness Insurance : Disability insurance or income-replacement insurance provides a monthly benefit if you ever should become disabled.
- 5: Critical Illness Insurance Information : Critical illness insurance pays an amount when diagnosed with heart attacks, cancer, strokes, coronary artery bypass surgery, major organ failure, transplants or other specified major medical conditions.
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Journal: Disabled World. Language: English (U.S.). Author: The Standard. Electronic Publication Date: 2011-12-02 - Revised: 2021-01-25. Title: Employee Absence and Disability Productivity Management, Source: <a href=https://www.disabled-world.com/disability/insurance/absence.php>Employee Absence and Disability Productivity Management</a>. Retrieved 2021-04-12, from https://www.disabled-world.com/disability/insurance/absence.php - Reference: DW#47-8698.