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Integrated Benefits Institute Releases Research on True Cost of Absence for Employers
Date:5/5/2008

the flexibility of

their absence response, staffing decisions, output requirements and

compensation program.

-- While some employers have trained replacement staff standing by, others

simply lose revenue from not delivering the product. Normally, employers

don't know who is going to be absent on a given day, so having a

replacement worker readily available isn't usually possible. For

others, not making the product is too expensive an option.

The impact of health-related lost time is a significant cost driver and competitive concern for U.S. business, and tracking and maintaining high-quality and useable data on lost time and its impact is often a daunting task for employers. IBI tools such as IBI Benchmarking and HPQ-Select help employers understand the impact of health-related productivity and where interventions can best be made.

About the Integrated Benefits Institute

The Integrated Benefits Institute (IBI) is a national, nonprofit organization that focuses on health and productivity issues across wellness, group health, workers' compensation, disability and other leave programs. IBI provides a full range of health and productivity research, educational forums and benefits measurement and benchmarking tools. The Institute's work is supported by employers and leading benefits and program providers. The IBI/NBCH 2009 Health & Productivity Forum will be held February 9-11, 2009 in Los Angeles. For additional information visit: ibiweb.org.

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Thomas Parry

https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=75401


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SOURCE Integrated Benefits Institute
Copyright©2008 PR Newswire.
All rights reserved

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