Benchmarking: How Do Your Plans and Policies Stack Up?

Jai Hooker@Work

How Do Your Plans and Policies Stack Up?

By Karen Trumbull English, CPCU, ARM, Senior Vice President, Spring Consulting Group, an Alera Group Company, LLC; and Jackie Myers, Analyst, Spring Consulting Group, an Alera Group Company, LLC

In our last column, we talked about the importance of benchmarking for integrated absence management programs and how it can be used to ensure a competitive, compliant, and cost-effective approach. The work often starts with reviewing plan and policy structure(s) before moving on to processes and practices, and then eventually to performance and program outcomes.

When you delve further into plans and policies, it is important to consider the specifics of what sets your program apart from your peers or how you can improve on your offering and create a business case for change.

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