Enhancing Your Benefits Package
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Transcript of Enhancing Your Benefits Package
Enhancing Your Benefits PackageJune 19, 2013
Presented by: Ejay Russell, Client Relationship Manager
Drake International
For audio, it is recommended you dial inA copy of the slides + recording will be available post webinar
AUDIO: 1-877-668-4493Access Code: 668 242 771
Event Password: 1234WebEx Support: 1-866-863-3910
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Trends & Benefits
Employee Loyalty
Over 33% of your
staff
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Trends & Benefits
Identifying Opportunity to Engage Employees in the Benefits Discussion
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Trends & Benefits
Voluntary Benefits
WHY?
“82% of employees with voluntary benefits report being satisfied vs. 52% without voluntary”*
“Voluntary is no longer a quaint sideline; it has become one of the largest and fastest growing segments of the benefits business.”**
*Anthem BCBS and Taylor Nelson Sofres, “Employees Give High Priority To Voluntary Benefits,” Oct 10, 2010
**Gil Lowerre, Eastbridge Consulting January 2011 Ed. – Benefits Selling Magazine
WHY Legal?
The Bottom Line…
Employees and their families face a broad array of legal issues daily but rarely seek out help due to COST, confusion & hassle of dealing with the legal system*
*The Legal Needs of American Families, 2012 research study, Decision Analyst, Inc.
Unique Advantages
Reduce absenteeism
Employees with legal problems usually:
• Have an absenteeism rate five times higher than average
• Use their medical benefits four times more than average
• Use sick leave twice as often as the average employee
• Experience a substantial reduction in their productivity
*LSK Associates Study
Unique Advantages
Increase Productivity
In a recent study, 91% of respondents said they would seek the help of a lawyer for even the most trivial issue if their services were easier to access and more affordable*
ACCESS will lead to less distractions at work and POSITIVE effects on your employee’s performance
*The Legal Needs of American Families, 2012 research study, Decision Analyst, Inc.
Unique Advantages
Help reduce your employee’s stress
Stressed out employees cost the Canadian industry more than $30 billion annually in lost hours due to absenteeism, reduced productivity and workers’ compensation benefits*
*Financial Literacy Partners, LLC, 2005 - Employee Financial Stress is Costing Your Company a Bundle – And How You Can Stop It Now
Unique Advantages
Keep a progressive company image
Show that you care about your employees
Help your employees achieve better work/life balance (ties in with your WELLNESS program)
Help improve employer/employee relations
Attract & retain employees in this very competitive market
The Industry Leader
• LegalShield is a 40+ year old company
• Provides legal services to 1.4 million families covering 3.5 million lives across North America
• More than 34,000 companies offer the LegalShield plan to their employees as a voluntary benefit
• LegalShield gives your employees the ability to talk to a lawyer on any matter without worrying about high hourly costs
• For one flat monthly fee, LegalShield members can access legal advice no matter how traumatic or trivial the issue
Worry Less…Live More
• Automobile accident
• Execution of a contract
• Bought or refinanced home
• Divorce
• Speeding ticket or traffic violation
• Prepared a will
• Marriage
• Leased an apartment or home
• Set up a trust
• Became executor of parents’ estate
• Was subpoenaed
• Vehicle damaged while parked on street
• Sold faulty merchandise
• Identity theft
• Inherited property
• Filed bankruptcy
• Tax audit
• Injured someone accidentally
• Leased a vehicle
• Challenged a will
• Creditor taking legal action
• Adoption of a child
• Property was damaged while in storage
• Dog bit someone
• A tenant sued you
Over 2 million requests annually
Ready To Serve
• Unlimited legal advice
• 24/7 emergency access
• Letters written on your behalf
• Calls made on your behalf
• Contract & Document review
• Will Preparation & POAs
Identity Theft Shield
• LegalShield has partnered with Kroll Advisory Solutions
• Expedited Credit Disclosures and Identity Restoration Services
• Combined with our legal plan creates complete coverage for employees and their families
• On-site enrollment process
• Designated service representatives
• No claim forms
• No deductibles
• No cancellation forms
• Once a month billing
• Electronic enrollment and paperless billing options
Easy to Implement
• Family Coverage
• Portable
• Rate stable
• No long term contract
• Low participation requirements
• AFFORDABLE PEACE OF MIND
Exceptional Value
Questions
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Q & Awith Ejay Russell,
Drake International
Enhancing Your Benefits Package
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Our Next Complimentary Webinar
Register at http://drake-webinars.com
June 26, 12pm EDT
Hazards in the Workplace: Manual Materials
Presented by: Kathleen Collins, Health & Safety Manager, Drake International
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Free Offer
• We’re offering a free consultation that will highlight how we can customize this service for your organization. A simple call can help your organization:
Increase employee retention
Attract higher quality candidates
Improve job satisfaction
Contact Ejay to take advantage of this exclusive [email protected]
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Drake Mobile
Thank You for Attending For questions, please contact Ejay Russell
416.216.1069
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