Employers want to do more about workers who miss work.
Researchers at Prudential Financial Inc., Newark, N.J., have released statistics concerning that topic in a summary of results from a recent survey of benefit plan sponsors.
Only about 30% of the participants said their companies now are doing “a great deal” in that area, but about 40% of the participants at companies with absence tracking programs say the programs have been “highly effective,” the Prudential researchers report.
Employers expect to increase their absence management and return-to-work activities by about 50% over the next 5 years, the researchers report.
The researchers also found that 46% of participants believe voluntary benefits programs have helped to lower benefits costs, and that 30% said their companies’ Web benefits administration technology budgets have increased in the past year.
Only 2% of the participants reported a decrease in Web benefits administration tech spending.