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Letter from the CEO
Dear Friends:
CFO.com
recently posted an interesting article about the substantial
positive effect that work/life flexibility can have on an organization's
bottom line.
The article featured survey results from accounting
firm BDO Seidman, which interviewed 100 CFOs whose companies have
at least 5,000 employees. Three-quarters of the survey respondents
said that work/life programs have a high or moderate positive impact
on productivity and on differentiating their organizations from
competitors. And more than half said they expect a high or moderate
effect on health-care costs.
Another interesting statistic the article shared
is that 65% of CFOs said that companies can't rely solely on HR
to champion their flexibility efforts. They believe that the direct
involvement of senior management in planning and execution is crucial.
Seventy-five percent said that involvement and support from business
unit leadership is also very important.
While the article focused primarily on flexible
work schedules, I believe these findings translate to your other
work/life programs as well. What good are wellness programs, child
and elder care services, backup care programs, daily life resources,
etc. if they're not owned, shaped and touted by senior management?
How much impact can you expect from these programs if they're not
supported by leadership throughout your organization, at every site
and at every level?
Hopefully, your senior teams were involved in your
work/life efforts from the beginning. But if they weren't, one of
the best ways to get their buy-in and support is to report the bottom-line
results that your programs deliver. Your work/life vendors should
provide you with regular reports that share results-oriented data.
If your organization's leadership doesn't appreciate the connection
between the work/life programs you provide employees and the bottom-line
results they're delivering, you probably don't have a success gap.
You have a communication gapand that can be remedied. Hold
your work/life partners accountable for delivering results and sharing
them compellingly.
As always, we're interested in knowing how we can
better serve you, so e-mail us at connection@lifecare.com,
fax us at 203-291-3571, or call us at 800-873-4636 4636 to share
ideas and offer feedback.
Sincerely,

Peter G. Burki, CEO
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| Peter G. Burki,
CEO |
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| The
LifeCare Connection is intended to provide employers
and HR professionals with information about all of LifeCare's
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may or may not be currently offered to members. Members
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