What’s trending? Tech-forward leave programs

Welcome to The Benefits Briefing, where we discuss the most recent topics in leave management, compliance, regulations, HR tools and so much more. In this edition, we’re covering the latest in leave, which prompts us to ask you, do you know the key to a leading leave program?

Don't worry if you don't know because we're bringing the answers to you with the new Unum Insights Report.

Each quarter, Unum surveys U.S. employers on various topics related to employee benefits. Today, we're looking at what's impacting the modern leave landscape to discover what employers are doing to eliminate challenges and build a stronger leave program. Download a full copy of the report and join us as we take a look into the key insights for answers.

Insight 1: Leave programs continue to scale in size

The market is growing with one third of employers planning to expand their leave offerings and only 6% say they are planning to decrease their offering.

Nearly 50% of employers who consider their leave programs to be comprehensive want to make them even better. On the other hand, some employers want to reduce their leave options even though they already think they have a limited leave program.

Here’s where employers see an opportunity to expand their leave programs:

Insight 2: Leave challenges remain broad

It's not surprising that more than half of employers struggle with managing leave. In fact, 72% found the process to be extremely challenging. Can't say we blame them. State-paid leave laws alone are very complex and ever-changing, not to mention everything else that HR battles daily when it comes to handling leave.

What employers report spending too much time on:

Insight 3: Employers are increasingly turning to technology to manage leave

Tech-savvy leave solutions are already here and on the rise. But did you know that only 1 in 5 employers use a technology solution like digital intake or online portals?

We understand how challenging it can be to choose digital solutions that are the perfect size and fit for your company, especially when there’s so many options to choose from. However, employers that have adopted some sort of HR tech solution are already seeing positive results. Their programs are thriving with 93% of HR professionals and 90% of employees being extremely satisfied with the modern tech solutions.

Insight 4: The desire for a stronger leave program is driven by both employer and employee-centric goals

When it comes to keeping employees happy, healthy and engaged while giving HR tools to increase retention, recruit top talent and ease compliance, employers stand to gain big from integrated leave management technology. These tools not only streamline their most challenging HR processes but also create a better leave experience for employees.

Successful leave programs deliver multiple impacts:

While we've only scratched the surface on each of these insights, it’s enough to ask: "Where is leave headed next?"

If you're as curious as we were, we encourage you to download the full Unum Insights Report. It's packed with even more data and findings on leave and absence management, plus you’ll discover how Unum is leading the way in leave management. It’s time to embrace the future of leave and integrate the strategies that create a more supportive and productive work environment.

So go snag your copy of the report below or listen in to our very own leave experts discuss the root findings of the report in a recent webinar .

Thanks for reading along this month, catch you next time with a dive into the latest, the Pregnant Workers Fairness Act!

The information provided is not legal advice and should not be relied upon or construed as legal advice.

unum.com

Insurance products are underwritten by the subsidiaries of Unum Group.

? 2024 Unum Group. All rights reserved. Unum is a registered trademark and marketing brand of Unum Group and its insuring subsidiaries.

NS-2060750?????? GENERAL AUDIENCE??? (5-24)