One thing was clear from Mercer’s new Survey on Absence and Disability Management; employers are taking steps to make their time-off programs and policies more responsive to workforce needs. If you haven’t reviewed your program lately, you may want to see where the market is moving to make sure you don’t get left behind. Our new report has industry-specific benchmark data, but here are six national trends to take note of:
Employers Outsourcing/Co-sourcing Leave Administration | ||
---|---|---|
2015 | 2018 | |
FML | 40% | 44% |
STD | 61% | 67% |
LTD | 72% | 80% |
Parental leave | 23% | 26% |
Mandated state and local leave | 34% | 43% |
ADAAA | 17% | 18% |
Mercer’s 2018 Survey on Absence and Disability Management was fielded March-April and 423 employers participated. The survey covered absence management strategies, paid-time off plans, leave administration, and disability plans. The complete report on the findings, which includes 40 data tables with results for most questions broken out by employer size and industry, is available for purchase. Contact rich.fuerstenberg@mercer.com if you have questions.
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