Close
ThinkAdvisor

Technology > Marketing Technology

Pru: Absence Management May Grow

X
Your article was successfully shared with the contacts you provided.

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.