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Workers in office Employers and employees often have very different expectations of what “work” looks like, and the pandemic has forced a reinvention of what this will look like moving forward. (Image: Shutterstock)

Few could have imagined the far-reaching impact COVID-19 would have on the physical and financial health of our world. In fact, our recent analysis found lost work time resulting from sick or absent workers during the pandemic has cost employers more than $50 billion to date, and workers have lost upwards of $21 billion in wages. This only reflects employees who have access to sick and disability benefits—most employees have no disability coverage or paid leave at all and have lost much more.

Kelly McDevitt headshot Kelly McDevitt is president of Integrated Benefits Institute.

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