Compensation, Benefits & Rewards

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Benefit Integration Boosts Productivity and Profits

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1. Streamline Benefits on Eight Tracks
By earning benchmarks, doing cost-benefit analyses, and measuring employee lost-time, you can show ROI.

2. The Effectiveness of Absence-Control Programs

3. Effective Benefit-Integration Practices
It's easier to sell an integrated program when there is ongoing senior management support.

4. Benefits & Compensation
Exchange ideas about health plans, retirement, work/life benefits, and employee assistance.

Related Topics

Benefit Design and Communication

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The Effectiveness of Absence-Control Programs

Did you know 41% of companies have not implemented "paid leave banks," but it is considered the most effective absence control program?
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hich absence-control program works best? The 2002 CCH Unscheduled Absence Survey, surveyed 333 human resources executives in U.S. companies and organizations of all sizes. It reflects experiences of randomly polled organizations with an estimated total of nearly two million employees.

Effectiveness and Use of Absence Control Programs

Absence Control Program

Effectiveness Rating
1: Not Very Effective to 5: Very Effective

Precent Use

Paid Leave Bank
3.6

59%

Disciplinary Action
3.4

93%

Buy Back 3.4
50%

Bonus
3.2

54%

Yearly Review
3.0

81%

Verification of Illness 3.0 71%

No Fault 3.0
57%

Personal Recognition 2.7
59%

Workforce Online, December 2002 -- Register Now!

Next Article: 3. Effective Benefit-Integration Practices
It's easier to sell an integrated program when there is ongoing senior management support.

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