Do you know the cost of employee absences at your business? It's the first step in getting a handle on the costs and benefits of paid leave.
By Sander VanderWerf and Rachel Arnedt|July 05, 2018 at 10:24 AM
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Employers provide paid time away from work policies for a variety of reasons: to attract and retain talent (responding to employee needs and changing demographics); to be compliant with local, state and federal laws (which are proliferating); and to support general employee well-being (recognizing that time away from work improves productivity and engagement).
While offering paid absence policies delivers value to both employees and the employers, employers recognize the need to balance the amount of available time with the organization’s ability to deliver its products and services.
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