Your Smart Partner® helps you with your productivity and your bottom line
Integrated Benefits Institute (IBI) is a trusted source for benefits performance analysis, practical solutions, and forums for information and education. IBI’s programs, resources and expert networks advance understanding about the link between – and the impact of – health-related productivity on corporate America’s bottom line. IBI is committed to and invests in ground-breaking analysis of issues such as:
- Health
- Productivity
- Disability
- Absence
IBI has created, in partnership with Professor Sean Nicholson of Cornell University, a proprietary Lost Productivity Calculator that is available through your Smart Partner®. The Lost Productivity Calculator provides you with several options for calculating absence-related lost-productivity: company-wide, occupation-specific and claimant lost-time experience. This report reflects company-wide absence related lost-productivity results and inputs.
Why is this important?
Research shows that the real costs of absence are typically significantly greater than the wage-replacement payments made to absent workers. These costs can be considered lost-productivity costs because the organization is forgoing use of the resources in its productive endeavors.
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