Short Term Disability and why it’s a great benefit.

In a landscape where many states don't mandate maternity leave and the Family Medical Leave Act (FLMA) only provides unpaid time off for eligible employees in larger companies, the importance of Short Term Disability (STD) as a benefit cannot be overstated. Especially for those dreaming of taking maternity leave with financial peace of mind, an employer-sponsored STD policy can be a game-changer and a benefit not to be looked over by an employer.

It is not un-heard of that some employers in States where leave is not mandated, have stepped up to cover wages for employees in times of maternity, illness or bereavement, which goes above and beyond what they are required to do, however offering a STD policy will not only bridge the income gap for employees, but it would help these employers to not have to carry the full financial burden themselves.

Not all STD policies are created equally. Many come with constraints and varying degrees of coverage. Some policies may not cover maternity leave, and if they do, it might be at a reduced rate, often around 50% of the benefit.

Before offering a STD policy, diligent research is crucial. Ensure the policy aligns with your employees' needs. Look for comprehensive coverage that includes maternity leave with a substantial percentage of the benefit, providing the best possible outcome for your team.

Navigating the nuances of STD policies can be complex. If your business would like assistance in finding a policy that is right for you, West Slope Admin is here to help. We take the time to vet your company and your employees to understand their needs. Our team then conducts thorough research to find the policy that is most fitting, ensuring you make an informed and beneficial choice for your workforce.