Three out of four companies are struggling to manage their workers' absences, and most say they need help with this business issue, according to research by The Hartford Financial Services Group Inc. Employers find it difficult to track absences due to injuries, illnesses and care giving because of new and existing regulations.
To help employers more effectively manage their employees' absences, The Hartford has launched an innovative single-company solution to track and manage both occupational and non-occupational leave. The Hartford Productivity Advantage integrates the insurer's short- and long-term group disability and workers' compensation insurance with its leave management administration services to help employers minimize lost time while maintaining productivity.
The insurer is offering The Hartford Productivity Advantage in a modular fashion. Workers' compensation, disability insurance and leave management can be selected and integrated based on each employer's objectives and timelines. It is designed to help ease the burden of benefits administration for employers and employees.
The Hartford's analytic reporting gives employers a consolidated view of employee absences encompassing disability, workers' compensation, family and medical leave.
The Hartford also launched its Productivity Lab, a new Web resource to help companies build their productivity IQ.
In addition, The Hartford is offering employers the opportunity to have a customized absence analysis that shows how absence can impact their organization's productivity.
