Employers should focus on cost of poor employee health
Employers, brokers and consultants should thoroughly evaluate the overall cost of poor employee health and not solely focus on the more identifiable medical and pharmaceutical costs, according to a new productivity insight paper Productivity Insight #1 Health-Related Lost Productivity: Causes and Solutions from Standard Insurance Company.
By Amanda McGrory-Dixon|June 15, 2012 at 05:16 AM
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Employers, brokers and consultants should thoroughly evaluate the overall cost of poor employee health and not solely focus on the more identifiable medical and pharmaceutical costs, according to a new productivity insight paper “Productivity Insight #1 – Health-Related Lost Productivity: Causes and Solutions” from Standard Insurance Company.
The Productivity Insight focuses on the causes of and potential solutions for health-related lost productivity, which represents the decline in employee productivity due to absenteeism and presenteeism. Presenteeism is the productivity loss caused by employees at work with medical conditions, either physical or mental.
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