Following the emergence from the COVID-19-induced hybrid and remote work schedules for many companies, studies show that employees are missing work at a higher rate than normal. A recent study on paid leave reveals a growing trend in the frequency of workers missing work, something employers should be keeping an eye on.

ComPsych Corporation, a major provider of absence management services, announced that mental health-related leaves of absence jumped by a third in 2023. These findings continue a trend that has been continuing since 2017: ComPsych data shows that within the past six years, mental health-related leaves of absence have increased a shocking 300%.

"Our data shows that millennial and Gen X women are most likely to need a mental health related leave of absence," said Dr. Richard A. Chaifetz, Founder, CEO and Chairman of ComPsych. "HR teams must invest in resources and programming that relates to issues commonly faced by these demographics: from the pressures of managing teams, the stress of buying a home for the first time, acclimating back at work as a new parent, or worrying about care for aging relatives."

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.