Insourcing or Outsourcing Your Leave Administration (On-Demand Webinar)

Jeff Griffin

The growing complexities of managing employee leave programs have led many employers to consider outsourcing their workforce absence management programs.
 
As we discussed in our last blog and on-demand webinar “Designing a Compliant PTO Program”, the pace of change in this area of employee benefits is somewhat unprecedented, due mostly, though not entirely, to growing legal requirements set forth at state and local levels.
 
A successful absent management program assists your employees with taking the time away from work when needed, as well as returning them to productive and contributing members of your organization. Elements of an absence management program include FMLA, short and long-term disability, paid time off, worker’s compensation, as well as other paid/unpaid leave programs, such as paid parental, sabbaticals, or other personal time.
 
To better prepare employers for this growingly complex area of employee benefits, we’ve put together this second webinar, which should help employers determine whether insourcing or outsourcing is the best strategy for their organization.

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Topics: absence management, PTO

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Designing a Compliant Paid Time Off Program (On-Demand Webinar)

Jeff Griffin

Designing a compliant Paid Time Off (PTO) program is a delicate balance between meeting the evolving needs of your employees and the growing legal requirements set forth at state and local levels.

Case in point - mandatory paid sick leave. Laws requiring paid sick leave have grown exponentially during the past eight years. And because paid sick leave laws are based on where an employee works, not on where they get their work assignments, multi-site employers and those with remote workforces are having a challenging time getting their arms around all of this.

To better prepare employers in this quickly evolving sector of employee benefits, we’ve put together this webinar, one of two thus far in our workforce absence management series.

This particular webinar is divided into three sections. The first section addresses the exponential growth of paid sick leave across the United States, while the second section discusses what’s currently being offered in the marketplace. The third and final section lays out options for keeping your paid time off program in compliance. You can watch this on-demand webinar simply by clicking here.

To learn more about workforce absence management and leave administration, contact us.

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Topics: absence management, PTO

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Addressing Employee Financial Wellness in an Era of Extreme Financial Stress

Jeff Griffin

When 56% of student loan borrowers say they’d take a punch in the face from heavyweight boxing legend Mike Tyson and 40% would take one year off their life expectancy if it meant they’d be relieved of student debt, it probably means the public is under financial stress.

And that was before the coronavirus pandemic further complicated finances. Financial stress seems to be endemic: Three-quarters of American workers say they feel financial anxiety every day. The causes for this are numerous and varied, from insufficient savings (80%) and retirement funds (73%) to ballooning credit card balances (19%).

Financial anxiety doesn’t exist in a vacuum. There’s a tight link between financial, emotional, and physical health, and when an employee’s financial anxiety becomes overwhelming, it can affect the body and mind.

What’s more, that state of financial distress results in rising rates of presenteeism, absenteeism, and workplace accidents that can result when workers are distracted by financial worries. Consider that 43% of employees spend time working on their personal finances while at work.

As a result, many employers realize that a myopic focus on core benefits like health, dental, and vision shortchanges employees. Finding ways to integrate financial wellness into a holistic wellness strategy will be a competitive advantage, especially as many workers are emerging from the pandemic feeling financially scarred from the experience.

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Topics: workplace wellness, Employee Productivity, presenteeism, absence management

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