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
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