Generation X employees have become middle management sandwiched between Boomer leaders, Millennial staff, aging parents, and their young families.
Enter Plan Your Story, which can lead the way to accepting the responsibilities of the aging journey by carving a path leading to meaningful and respectful conversation, removing the veil of mystery from what was once considered a delicate subject and establishing a roadmap for the future.
RETAIN YOUR KEY EMPLOYEES
It’s increasingly difficult for many organizations to retain their best and brightest employees as the economy strengthens and millions of new jobs are being created. In fact, according to a recent Towers Watson survey, more than half of employers reported difficulty holding on to skilled workers.
Employees most committed to their organizations put in 57% more effort on the job - and are 87% less likely to resign.
Supporting the health and performance of your most valuable people has never been more important as disengaged employees drag down companies, costing billions of dollars in lost productivity and resulting in much higher turnover rates.
With low wage growth expected over the next three to six years, the Towers Watson survey expects an average salary increase of 3.1 percent. Smart employers are emphasizing the value of benefits as a means of getting their talent to stay put. By learning how to share information about benefits clearly and effectively, you can cultivate your competency as a strong communicator.
The programs developed by Plan Your Story are proven to:
Reduce absenteeism & presenteeism
Improve retention rates
Reduce workplace stress
Enhance employee loyalty
You may think of employees as resources or capital, but above all they are people. Plan your business accordingly.
Research reveals that both employers and employees can benefit from effective workplaces... jobs and workplaces that reduce stress, improve employee reliability and retention, and potentially lower health care costs. This enables organizations to reinvent work so that it works for both the employer and the employees.
According to the Institute for Health and Productivity, presenteeism accounts for 60% of the total cost of employee illness. If left unaddressed, presenteeism can lead to absenteeism.
Become aware and prepare for how your bottom line is affected by employee absenteeism and presenteeism.
We Can Do This!
Did you know employers in 2014 were more likely (43%) to report that they offered Elder Care Resource and Referral than employers in 2008 (31%)? It's already taking place across the globe (study link). Put your wellness benefits to work for your company and employees today.
The encouraging news is that employers starting with small efforts have seen huge results. Companies can begin by taking an honest look at the incidences of presenteeism in the workplace and determining appropriate available resources to manage them.
Employers need to also ensure that the overall design of the company’s benefits portfolio allows them to make more effective benefits investments, such as the Plan Your Story Program.
Plan Your Story members enjoy
Intelligent responses to challenging situations