Employee demand and the regulatory environment both put a strain on HR departments. Federal, state, county and municipal governments seem to pass new paid leave laws and regulations daily that can increase complexity and risk for all businesses.
The cost implications alone are alarming. Employee absences can cost employers:
Fortunately, the right approach to LAD can mitigate these costs. With Mercer, you’ll benefit from our actuarial and underwriting expertise, intellectual capital and a market-leading position that helps us get the best deals for you.
In lost productivity 2
Our clients — from small businesses to global organizations — save, on average, 10%-25% with our benefits programs tailored to meet their goals. As a leader in both LAD and health and benefits consulting, we can connect LAD strategies and health management best practices in ways that a LAD-only broker likely cannot.
At Mercer, we work with clients to develop, implement and manage disability and leave programs that more effectively manage the impact employee absences have on your operations. We offer a full suite of services designed to streamline administration, minimize complexity and improve the quality of delivery including:
Savings with Mercer’s LAD solutions *
With all that Benefit teams have had a lot to cope with lately, it is not surprising many have not reviewed their life and disability plans recently.
Read MoreRecent Mercer Survey on Absence and Disability Management found that employers continue to embrace workplace migration.
Read More
1 Source: Total Financial Impact of Employee Absences Survey, 2014.
2 Source: Total Financial Impact of Employee Absences Survey, 2014
* Results may vary
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