Recent Hewitt Associates' survey indicates that, for an organization with 1,000 employees, disability absence costs could exceed $3 million per year.
Organizations do not have data regarding frequency, duration or cause of disability absence readily available, or, where data is available from
third parties, organizations may not be accessing it, collecting it,
and/or analyzing it to develop strategic plans to address disability
absence.
Without the data, it is difficult for HR to make the business case for
disability management or wellness programs.
Where disability management or wellness initiatives have been implemented, employers may not be maximizing the ROI of these programs. There is limited ability to measure their impact and/or customize their efforts to address specific health issues employees are facing.
Blog by Hewitt Associates.
Another major area of employer cost is Presenteeism. Employees being at work but not performing due to physical or mental illness.
Collection and storing of data is another sore point. Often times there is little or no data toindicate the costs involved.