Return-to-Work Programs: Getting Your Employees Back on the Job Faster and Saving Money
With rising healthcare costs and a competitive job market, return-to-work (RTW) programs are more important than ever. These programs help employees recover from injuries and illnesses while gradually reintegrating them into the workplace. This not only benefits the employee’s physical and mental health, but also saves your company money.
The High Cost of Employee Absences
When an employee is out of work, it can be costly for your business. You may have to pay for:
* Lost productivity: When an employee is absent, their work doesn’t get done. This can lead to missed deadlines, delays in projects, and decreased revenue.
* Overtime: To cover the workload of the absent employee, other employees may have to work overtime. This can lead to increased labor costs.
* Temporary workers: If you need to hire temporary workers to cover the workload, this can also be expensive.
* Health insurance: You may still have to pay for the health insurance of an employee who is on leave.
The Benefits of Return-to-Work Programs
RTW programs can help your business save money by:
* Reducing the length of time employees are absent from work. This can help to minimize lost productivity and overtime costs.
* Helping employees return to work at a modified duty. This can help to reduce the need for temporary workers and ensure that the work gets done.
* Improving employee morale. Employees who feel supported by their employer are more likely to be productive and stay with the company.
* Reducing the risk of future injuries and illnesses. By helping employees recover properly, RTW programs can help to prevent future problems.
How Franke Insurance Services Can Help
Franke Insurance Services can help you develop a customized RTW program that meets the needs of your business. We can also help you manage the claims process and ensure that you are compliant with all applicable laws and regulations.
Contact us today to learn more about how we can help you create a successful RTW program.
Additional Tips for Creating a Successful RTW Program
* Involve employees in the development of the program.
* Develop clear guidelines for participation in the program.
* Provide training for managers and supervisors on how to support employees returning to work.
* Monitor the program regularly and make adjustments as needed.
By implementing a comprehensive RTW program, you can help your employees recover from injuries and illnesses faster, save your company money, and improve employee morale.
Franke Insurance Services is here to help you every step of the way.