President and Founder, LeaveLogic
His innovation: Steffeney founded LeaveLogic, a platform that allows employees to create a leave plan that consolidates all leave benefits and lists the tasks needed to ensure proper planning and a successful return to work. It also educates HR managers by training them on supporting the employee through their leave. Insurer Unum acquired LeaveLogic earlier this year.
Why it matters: Leave policies have become an increasingly popular way for companies to attract and retain employees. But the policies can be time-intensive to manage. The LeaveLogic platform aims to simplify this while also saving employers money. LeaveLogic contends that an employer of 20,000, averaging 1,000 leaves per year with an annual LeaveLogic contract, would average a savings of more than $2 million.