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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...

Main Digest

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.

Related

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:

"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:

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.

Primary Information Source(s):

Employee Absence and Disability Productivity Management | The Standard (standard.com). Disabled World makes no warranties or representations in connection therewith. Content may have been edited for style, clarity or length.

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Cite This Page (APA): The Standard. (2011, December 2). Employee Absence and Disability Productivity Management. Disabled World. Retrieved October 16, 2021 from www.disabled-world.com/disability/insurance/absence.php