Employers often fail to estimate costs of absences

Published Updated 2 Min Read

Despite state and federal mandates that require employers track data on when employees are out of the office, companies fail to use the data to manage the associated cost implications, according to a new survey.

 The survey of 331 human resources and benefits executives and managers of companies with over 500 employees by Liberty Mutual found an organizational disconnect between collecting absence data to satisfy state and federal regulations and using that data to understand costs and savings to function more effectively.

Brian M. Kalish
Online Managing Editor, Health Care Group

Kalish is a fomer managing editor of SourceMedia’s Employee Benefits Group.


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