A Liberty Mutual survey shows that employers fail to take advantage of absence data they collect to manage the costly impact of employees being away from work.
The survey of 300 human resource and benefits professionals show that almost half did not know the costs associated with employee absences. However, more than half ranked understanding and complying with state and federal leave laws as their greatest organizational concern.
"It's impossible to effectively manage a program and its related costs without knowing the impact on the organization," notes Heather Luiz, disability product manager for Liberty Mutual Group Benefits.
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