As an employer, you’ve probably chalked up employee absenteeism to lifestyle choices or even laziness.
However, you should consider another reason....legal troubles.
A leading New York-based research firm recently released an employee study on employee absenteeism. In that study, they found that:
- seven out of 10 employees experienced at least one legal related issue in the past year
- Among the seven employees, 69% experienced two or more legal issues and less than 50% experienced three or more.
These legal issues can center on basic legal needs such as updating an estate plan or hiring a contractor without getting ripped off....to dramatic life-events like the death of family member, child custody issues or caring for an elderly parent.
And more recently, dealing with the home mortgage crisis which could be impacting up to 50% of your employees.
So, with all these legal issues facing your employees, is it any wonder why your absentee rates are so high?
Granted, about one-third of your employees with legal problems are able to hire an attorney. And the rest of your employees? They can’t afford an attorney that costs $250 an hour. Therefore, they usually attempt to handle complex legal problems on their own, are intimidated by lawyers or are simply unsure of how to find a qualified attorney.
This group of employees suffers from anxiety, frustration, and financial loss. And this often leads to distractions, loss of productivity and reduced attendance....which has a direct impact on your bottom line.
Is it any wonder why you've seen more and more employers turn to prepaid legal services or group legal plans to assist their employees?
Here’s just a few of the benefits employers and employees can realize from pre-paid legal plans.
- Pre-paid Legal Coverage Plan is less than $20 per month
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- Employees pay no enrollment fee
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- Pre- Existing Legal Issues are not excluded
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- Employees, their spouses & dependents Are Covered
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- No contract terms for this benefit
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- Employees can keep the plan when they retire
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- Qualified attorneys only – A rigorous screening process for all panel attorney candidates
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So, if you’re absenteeism rates are through the roof....just ask some of your key employees why.
More often than not, you will hear that legal issues are a very large part of the problem.
If you need more information on Employee or Group Pre-Paid Legal Plans to improve your bottom-line, call my office at 1-800-729-4571 or visit my pre-paid legal services page (just click on “Group Prepaid Legal Plans”)
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FOR
INFORMATION ON GROUP OR EMPLOYEE PRE PAID LEGAL
PLANS CALL 800-729-4571 NOW.
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