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Why Employee Well-being Matters for Your Bottom Line
Description

Today’s employees continue to experience increasing levels of stress, anxiety, and uncertainty. The construction workforce is adversely impacted by rising levels of behavioral health risk associated with mental health, substance misuse, suicide and overdoses. Employee demographics have the potential to impact both Workers Compensation and Employee Benefits which can create profit fade. Company leaders express uncertainty of how to measure the impacts of worker’s well-being on the company’s bottom line. Attend this session to understand how to bolster your human capital risk management strategy to protect the present and future of your company.

Learning Objectives:

  1. Understand human capital risk as a strategic risk.
  2. Learn how behavioral health challenges of today’s employees impacts 7 key strategic risks common to the AEC industry.
  3. Consider the impacts of employee well-being on the drivers of contractors’ profitability: Productivity, Quality, Risk, Safety, Schedule and Sequence.
  4. Learn how employee well-being manifests as co-occurring conditions and comorbidities that potentially impact Workers Compensation and Employee Benefits performance.
  5. Discover revenue-replacement cost to calculate the additional sales required to offset loss costs attributable to behavioral health claims.

Presenter: Cal Beyer, CWP, is the Senior Director of SAFE Workplaces for national nonprofit SAFE Project (SAFE =Stop the Addiction Fatality Epidemic). Cal is a catalyst and advocate to educate, equip, and empower leaders and organizations to address root causes of addiction AND to amplify actions to promote successful solutions in workplaces. Beyer has 35 years of construction and manufacturing risk/safety management experience. He served in national roles for two national insurance carriers and as director of risk management overseeing safety for an aggregate and hot mix asphalt producer and paving contractor. He is a frequent speaker at industry events and a regular contributor to various publications. Reach Beyer at cal@safeproject.us or cell: 651/307-7883.

Summary
Availability: On-Demand
Cost: FREE
Credit Offered:
1 PDH Credit
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