Last year's US productivity increase was only 1.6 percent, the lowest since 1997. If we don't keep up robust gains in productivity, we will lose in the global business race
Minneapolis (PRWEB) April 16, 2007
Ceridian LifeWorks today announced a new solution to help employers reduce employee absenteeism by enabling them to better track what causes their employees to miss work.
This new reporting feature expands Ceridian's existing Leave Administration, offering a full-service outsourcing solution to manage and track all types of absences including Family Medical Leave Act (FMLA) of 1993, state leave laws, and employer authorized policies (such as vacation/paid time off and policies related to leaves such as military, jury duty, bereavement, personal leave of absence, medical leave, sabbaticals and others).
The new reporting feature allows employers to generate customized reports using statistical analysis to identify absence trends and patterns that are out of the norm. It also provides employers with a powerful, interactive absence management tool enabling them to not only administer and track absences in a consolidated and consistent manner, but also to use the data to easily identify "red flags" that are contributing to their organization's absenteeism.
Program helps employers get to the root causes of absenteeism
"In many cases, employers may not know the root cause of why their employees are missing a lot of work or what patterns of absence exist in their organization. If an employer has this insight, they know more about what steps they can take to cut down on their absenteeism, and also what steps they can take to help their employees to stay productive. "In the end, both the employer and employee win," said Ceridian senior vice president of LifeWorks Zachary Meyer.
Armed with leave data, employers can see what is contributing to their employee absentee rates and understand patterns of absence, both from a broad employee base and individual employee vantage point. In turn, employers can then determine if an employee can benefit from other company benefit programs that may assist the individual in missing fewer work days such as directing them to their company's Employee Assistance Program (EAP), assigning them a health coach or a number of other employee resources. Employers can also better identify individuals whose absence patterns require further investigation to determine if an employee is abusing their company's leave policies.
"Last year's US productivity increase was only 1.6 percent, the lowest since 1997. If we don't keep up robust gains in productivity, we will lose in the global business race," added Ceridian's Meyer. "Companies are potentially losing millions of dollars in payroll expenses and employee productivity because they do not track and manage employees' time away from work. This is a critical tool to help curb that trend."
Upcoming Leadership Web Forum, April 25
Ceridian's Dr. Robert Kramer, Linda Rawitzer and Yvonne Warner from Ceridian's Comdata subsidiary will host a Leadership Web Forum on April 25, 2007, 2 p.m. CDT covering the latest trends in absence/leave programs and policies. The session will also feature two employers speaking about their decision to outsource their leave administration practices. Registration information for this forum is available on Ceridian's Web site.
Ceridian was the nation's first provider of fully integrated EAP, work-life and wellness services. Today, Ceridian's EAP, work-life and health and productivity solutions are utilized by more than 37,000 organizations of all sizes in virtually every industry.
Ceridian is changing the world of work by enabling companies to be free to succeed in their core business through its suite of innovative managed human resource solutions that include payroll and compensation, staffing, compliance, HR administration and employee effectiveness. Our wide range of HR, payroll, work-life and benefits services are designed to help companies maximize the value of their people. Ceridian Corporation (NYSE: CEN) is an information services company serving businesses and employees in the United States, Canada and Europe. For more information about the human resource outsourcing company's comprehensive array of solutions, visit Ceridian's Web site at http://www.myceridian.com or call (800) 729-7655.
Pete Stoddart, Ceridian
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.