Provide added sick time benefits to employees at minimal cost.
Reduce overall payroll costs by outsourcing sick time.
Attract quality candidates with an enhanced benefit package.
Promote sense of community within the organization by allowing sick time donation.
Contribute to strengthening the overall health and wellness of the national workforce.
Small employers can provide sick days to employees at minimal cost as associate member.
Ability to allocate financial resources reserved for payroll to other areas thus strengthening financial position.
Employer Benefits – Full Members
Designed for larger employers who routinely provide paid sick leave to its employees.
SickBank extends sick time an additional 20 days per year for the cost of one sick day per employee.
Additional sick days provided are paid out of the SickBank.
Pledged sick days are paid by the employer by simple electronic transfer to the SickBank.
$500 annual enrollment fee to employer.
Employee Benefits – Full Members
Deposit of one Employer-provided Sick Day per year will provide access to 20 additional paid Sick days per year.
May use SickBank Days to be paid during FMLA leave. Pay is at 50% of regular pay but will allow for up to 40 days of FMLA leave.
Ability to Donate Sick days to another member. Employer provided or Banked Sick Days may be donated.
Ability to request Sick Day Donations from others in the event an extended illness will exceed member employee's allotted Sick Day benefit.
Ability to Bank unused Employer provided Sick Days at the time of their Work Anniversary.
Employer Benefits – Associate Member
Designed for small businesses with less than 25 employees that do not routinely provide paid sick leave or can not afford to offer as many sick days as desired.
Can provide paid sick leave at minimal cost as employees are enrolled using payroll deduction.
Employees can choose from either $5 per week for 10 paid sick days or $10 per week for 20 paid sick days.
30 day washout period before new enrolees can claim paid sick time.
Sick days paid out of the SickBank
$100 annual enrollment fee to employer
Employee Benefits – Associate Membership
Ability to access paid sick leave for minimal cost. A payroll deduction of $5 or $10 per week will provide 10 or 20 paid Sick Days per year respectively.
Sick Days will accrue at 1-2 days per month based on payroll deduction chosen.
Ability to Donate 1 Sick Day to another member employee per year.
30 day washout period before new enrolees can claim paid sick time.
Ability to request a Sick Day Donation from another in the event an illness will exceed the accrued sick days available.
Security of being able to take sick leave knowing they will not lose the day's pay.
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