I’ve just returned from the Society for Human Resource Management (SHRM) Annual Conference and Expo, where I heard — as I often do — attendees express concern for rising health care costs. Those costs — especially increasing costs related to employer-provided health insurance — are weighing on the minds of employers, HR managers, brokers and consultants like you.
Michael Klachefsky was the absence management practice consultant at The Standard from 2011 to 2015. In this role, he served as a spokesperson and thought leader for The Standard, representing the company at conferences and workshops and through his authored papers and articles. He was The Standard’s assistant vice president of managed disability from 2005 to 2007. He holds a bachelor’s degree from Wayne State University in Detroit, Michigan.
When he’s not working (or working out), Michael enjoys spending time with his wife, four children and five rescue animals, as well as playing the guitar.
Posts by Michael Klachefsky
Does your company have a workplace health management program in place? Workplace health management programs, such as EAP, disease management and wellness initiatives, can help improve the bottom line. In fact, medical costs fall by about $3.27 for every dollar spent on wellness programs, and absenteeism costs fall by about $2.73 for every dollar spent, according to a Health Affairs article.
Early disability reporting and the use of disability duration guidelines are important health and productivity management practices that are rated highly by employers but underused compared with some lower-rated practices. I think a proactive approach to integrating both through the deployment of a Workplace Possibilities on-site consultant can result in positive health and productivity outcomes for employers.
In the third part of my presenteeism series, I’m going to explore the cost of presenteeism caused by one group of medical conditions: behavioral health. Previously, I focused on the big-picture perspective of the cost of presenteeism to employers. Understanding specifically how behavioral health conditions can impact your organization is an important next step to creating and maintaining a healthy work environment for your employees.
A few weeks ago, I had the opportunity to present on The Standard’s Workplace PossibilitiesSM program for managing absence and disability at the 2012 Health and Productivity Forum sponsored by the Integrated Benefits Institute and National Business Coalition on Health (IBI/NBCH).
A few months ago, I co-hosted the Five generations. One workforce. New solutions. webinar, in which we took a close look at the upcoming challenges and impacts of the 2020 workplace for employers. My co-host, Jeanne C. Meister, author of The 2020 Workplace, discussed a number of salient predictions for how our work environments will change. Specifically, she tells us the global talent shortage will be acute for a number of reasons: