mybenefits supports your employee wellbeing objectives with its absence management, voluntary benefits and financial education modules.
We all know that absence is one of the biggest hidden costs in the UK workplace today. Apart from the negative impact on productivity, absence can cost in terms of team morale, as workers have to put in extra effort to cover for absent colleagues. And if you’re not paying overtime, you may be hiring temporary staff to fill the gap. It’s now widely accepted that a clear absence management policy – properly executed - saves money and makes a measurable difference.
However, defining a policy and communicating it are just the beginning. For a policy to succeed, you need a well-defined system to store absence data, so you can measure, monitor and, most importantly, manage it.
As a caring employer you want to do the best for your employees – providing benefits that are relevant and have a high perceived value but which don’t cost the earth for your business. This is where our voluntary benefits and financial education solutions come into their own. Available on a standalone basis, or as additional modules within mybenefits, they’re incredibly easy to roll out.
