The Standard Launches Absence Management Services (Business Wire)
Tue, 9 Jun 2009 20:03:00 Etc/GMT
The new services leverage The Standard’s existing strengths and products, including their Short and Long Term Disability insurance and singular commitment to customer service, to create a comprehensive leave and absence management package. The services track and manage employee absences, freeing managers and administrators to focus on driving results in their businesses.
“Current economic conditions are putting pressure on companies of all sizes to do more with less and maximize employee productivity,” said Jane E. Hood, Vice President, Corporate Marketing and Planning. “At The Standard, we are continually seeking new ways to create dependable value for our customers, and our Absence Management Services are strongly positioned to meet that need.”
Components of The Standard’s Absence Management Services include convenient streamlined intake for employees and employers via web or phone, complete compliance with all federal and state regulations governing Family Medical Leave and dedicated customer service with extended hours of operations. The services feature expert administration of disability claims and real-time reporting that notifies employers of employee absences, reveals absence patterns and enables them to redirect resources as needed. Employees are also given access to a Personal Health Advocate to assist them and their immediate families as they navigate the complexities of the health care system – helping to improve their health and well-being.
In addition, The Standard’s Absence Management Services are uniquely flexible, allowing companies to easily tailor the product to meet their needs. This gives companies with 10 or more employees the tools, data and support needed to take control of absence management and make informed decisions about workforce development and absence policies.
About The Standard
StanCorp Financial Group, Inc., through its subsidiaries marketed as The Standard – Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, StanCorp Mortgage Investors, StanCorp Investment Advisers, StanCorp Equities, StanCorp Real Estate, and StanCorp Trust Company – is a leading provider of financial products and services. StanCorp’s subsidiaries serve approximately 8.5 million customers nationwide as of March 31, 2009, with group and individual disability insurance, group life, AD&D, vision and dental insurance, retirement plans products and services, individual annuities and investment advice. For more information about The Standard, visit www.standard.com.
Contact:
The Standard Bob Speltz, 971-321-3162 Director, Public Affairs bspeltz@standard.com or StanCorp Financial Group, Inc. Jeff Hallin, 971-321-6127 Assistant Vice President, Investor Relations jhallin@standard.com
source: http://biz.yahoo.com/bw/090609/20090609006265.html?.v=1