In the current economic climate, many employers are looking for ways to reduce costs and improve productivity. Even in the best of times, most employers struggle with absenteeism — business objectives simply can’t be met if employees aren’t at work. In addition, layoffs and business uncertainties often result in increased use of time-off benefits.
If you are struggling with absenteeism and resulting productivity issues, Buck's Absence & Productivity Solutions group can help.
Buck can help you:
- Quickly “tune up” leave-of-absence and time-off plans to achieve absence management objectives and ensure compliance with solutions that can reduce leaves by three to five percent per year
- Audit self-funded disability plans to identify opportunities to improve return-to-work programs and achieve claim savings of up to 15 percent per year
- Assess paid-time-off (PTO) programs and model savings that can be achieved by migrating from a traditional plan to a PTO program or, conversely, by moving from PTO to a traditional plan
- Introduce innovative models to clients, such as “permissive” vacation plans, where exempt employees do not bank time (and, thus, there are no booked liabilities)
- Implement specialized return-to-work programs focused on your clients' unique challenges, such as union agreements
Read an overview of our absence management solutions
Explore how to address absence management for a mature workforce
Learn about the Department of Labor’s proposed major update of the Family and Medical Leave Act’s (FMLA) regulations – the first since FMLA became effective in 1995
Learn how our experts helped a client enhance its outsourced absence management program
Find out how the Heroes Earnings Assistance and Relief Tax Act of 2008 impacts treatment of wages and benefits
For more information
Contact Ophelia Galindo (Ophelia.Galindo@buckconsultants.com or 714.712.8453), Brian Thompson (Brian.Thompson4@buckconsultants.com or 714.712.8435), or your Buck account manager to discuss our Absence & Productivity Solutions in more detail.
