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49%

Nearly half of employers are adjusting sick leave policies to specifically incorporate provisions for those who test positive for COVID-19.

The COVID-19 pandemic has changed the way we support our workforce.

 

In this time of disruption and uncertainty, the COVID-19 pandemic has heightened the complexity and challenges associated with managing Leave, Disability and Paid Time off programs. Understanding the new challenges that exist will help employers overcome budget constraints and strategic leave planning in our evolving environment, as we navigate the New Shape of Work.



Employee absences can cost employers:

15.4%

of direct payroll costs.

6.2%

of lost productivity payroll costs.

31.1%

in lost productivity with replacement workers vs. the replaced employee.

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.



Why choose Mercer for life, absence & disability (LAD) management?

 

Mercer’s LAD consulting practice is the largest absence, disability and life broker/consultant in the business, providing unparalleled market leverage and insights..

 

Our dedicated team helps you each step of the way to designing and delivering a customized LAD solutions or benefits program:

  • Conduct a Leave Assessment
  • Design and update absence strategies
  • Help clients design leave programs that are compliant and aligned with state and federal requirements
  • Support the strategy design and benchmarking
  • Provide insight into carrier market capabilities and strengths


Meet some of our team 


Simon Camaj

Simon Camaj

National LAD and Voluntary Benefits Practice Leader

 

Brian Russell

Brian Russell

Voluntary Benefits Business Leader

 


Insights

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