Why Offer an Employee Legal Benefits Plan?
- Author Phillip Braswell
- Published March 3, 2010
- Word count 386
An Employee Legal Benefits Plan emphasizes preventive legal care to help keep minor legal problems from becoming serious - or financially devastating. Its not a matter of IF your employees will need a lawyer... its WHEN will they need one.
Legal Facts:
- Almost half the employees who take off from work do so to deal
with problems that are either legal or legal-related. -LSK Associates Study
- The average person is more likely to find themselves in court than in the
hospital, yet most people have health insurance, but no plan for legal problems. -Hospital Statistics: Emerging Trends & Examining the Work of State Courts
- One out of every two Americans will need the advice of an attorney during the next twelve months. Of these, nearly half will attempt to deal with the matter on their own. -Legal needs and Civil Justice: A Survey of Americans
The Bottom Line
Your employees legal problems cost you money in terms of:
-
Absenteeism
-
Reduced Productivity
-
Increased Health Insurance costs
Employees simply don't perform well when troubled, distracted or under stress. Personal problems can seriously impact a company's overall performance and profitability. Studies show that employees with legal problems usually:
-
Are absent five times more than average
-
Use their medical benefits four times more than average
-
Use sick leave twice as often as the average employer
-
Experience a substantial reduction in their productivity
-LSK Associates Study
The savings on lost work time alone could more than pay for the Prepaid Legal Services program. Unfortunately, without a legal service benefit plan, most of your employees who need legal help won't seek assistance even though that advice could save them time, money and give them peace of mind.
When your employees have access to a quality, caring law firm for their legal needs, both stress and absenteeism will be reduced. Your employees will benefit and so will you.
A quality, comprehensive legal service plan can help you recruit and retain good employees. Employees don't just shop positions, they shop benefits too. That is why an increasing number of businesses and organizations are offering their employees a personal legal plan through Prepaid Legal Services, Inc, one of the pioneers of the legal service plan industry in North America since 1972.
Find out how to get these benefits for your employees:
http://www.phillipbraswell.com/legal/why-offer-an-employee-legal-benefits-plan/
I am a Small Business owner that loves God and sports. I am an avid golfer. I enjoy helping protect individuals, families and small business owners against Legal and Identity Theft issues while saving them money too.
Now I also have some FREE websites, available upon request. You choose the games, videos, news and sports you want along with FACEBOOK all on one page.
http://www.PhillipBraswell.com
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