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Quantifying the Workplace Impact of Employee’s Personal Legal Matters Five Issues Addressed with Group Legal Plans

Quantifying the Workplace Impact of Employee’s Personal Legal Matters Five Issues Addressed with Group Legal Plans

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Page 1: Quantifying the Workplace Impact of Employee’s Personal Legal Matters Five Issues Addressed with Group Legal Plans

Quantifying the Workplace Impact of Employee’s Personal Legal Matters

Five Issues Addressed

with

Group Legal Plans

Page 2: Quantifying the Workplace Impact of Employee’s Personal Legal Matters Five Issues Addressed with Group Legal Plans

Why Offer a Legal Benefit?

• With tough economic times and ever-increasing health care costs, employers need to be strategic in maximizing their benefits program.

• Voluntary benefits, such as a group legal plan, allow employers to maximize their benefits plan and reap the good will of their employees.

• Group legal plans alleviate the impact of ordinary legal matters and give employees the opportunity to see their employers in a more positive light.

Employee feedback using a legal plan

Increased ConfidencePeace of Mind

Easier to Resolve the IssueLess time and money spent

Positive OutcomeFaster resolution

Reduced time at work worryingReduced time at work handling the issue

0 10 20 30 40 50 60 70

Series 1; 61

Employee can never use against Employer, even after they leave employment.

Page 3: Quantifying the Workplace Impact of Employee’s Personal Legal Matters Five Issues Addressed with Group Legal Plans

Need for Legal Services is Rising

• Lack of wills, increased number of foreclosures, refinancing, high unemployment and bankruptcy all are contributing to the increased need for legal services.

• However, the changing economic climate finds employees seeking these services at an affordable price – as a group benefit.

• Employers need to place a greater emphasis on giving their employees easy access to attorneys – in the workplace.

Employee can never use against Employer, even after they leave employment.

Page 4: Quantifying the Workplace Impact of Employee’s Personal Legal Matters Five Issues Addressed with Group Legal Plans

Increase Productivity from

Employees

• Stress-Related issues such as depression, trouble sleeping and trouble concentrating due to legal matters can affect the physical and emotional well-being of an employee

• Having access to an attorney through a group legal plan increases employees’ confidence and provides peace of mind.

• In addition, the work-based model resolves legal issues quicker than the do-it-yourself approach.

Employee can never use against Employer, even after they leave employment.

Page 5: Quantifying the Workplace Impact of Employee’s Personal Legal Matters Five Issues Addressed with Group Legal Plans

Resolve Legal Issues Quicker

• Until they actually need a lawyer, many employees don’t really know where to turn when they need to resolve a legal issue.

• However, the study found that those employees enrolled in group legal plans took quicker, actionable steps, to resolve their problems.

• What’s more, due to less concern about billable hours, they are more likely to develop a rapport with their attorney or lawfirm. He or she can become a trusted advisor to the employee.

Employee can never use against Employer, even after they leave employment.

Page 6: Quantifying the Workplace Impact of Employee’s Personal Legal Matters Five Issues Addressed with Group Legal Plans

Reduce Employee Absenteeism

• Physical and emotional problems related to legal issues spike absenteeism, but a group legal plan can help reduce the number of work days missed by employees.

• In fact, 70% of individuals who used an attorney through a group legal plan said they did not take any paid time off to work to deal with their legal issue. This positively benefits both employer and employee.

Employee can never use against Employer, even after they leave employment.

Page 7: Quantifying the Workplace Impact of Employee’s Personal Legal Matters Five Issues Addressed with Group Legal Plans

Increase Employee Loyalty

• We know that employees value their group legal plan. Group legal plans can save employees time and money, while providing peace of mind in knowing that our provider network will take care of them.

• In fact, employees who used an attorney through a group legal plan said they feel more loyal toward their employer than those who hired their own attorney.

Employee can never use against Employer, even after they leave employment.

Page 8: Quantifying the Workplace Impact of Employee’s Personal Legal Matters Five Issues Addressed with Group Legal Plans

Action Steps• Enrollment in a group legal plan through a

workplace employee benefits program generate corporate goodwill, while providing peace of mind in knowing that a pre-qualified attorney will take care of them.

• Employers with goals to retain top talent, control costs and improve employee productivity may find that a LegalShield™ group legal plan through Elite Workplace Benefits is a key solution to meeting these objectives, while also helping employees secure their financial well being.

Download your complimentary copy of our White Paper

HELP WANTED “How much does it cost to replace an employee because you had to let him or her go due to personal legal problems?”http://www.eliteworksitebenefits.com ORhttp://www.web.me.com/frasertulsa/EWB/

LegalStudy.html

Page 9: Quantifying the Workplace Impact of Employee’s Personal Legal Matters Five Issues Addressed with Group Legal Plans

For more information about Elite Workplace Benefits Group Legal Plans

To obtain additional copies of our White Paper Overview

Please Contact

[email protected]

1-800-775-0619