Assurex Global Market Check Survey: Leave Policies
Too often employers struggle to address benefit eligibility and contributions for employer-sponsored coverage in the midst of a leave of absence or break in service without clear policies or procedures. As the impact of COVID-19 continues to unfold, employers are addressing leaves and breaks in service at a much higher volume and deciding whether to provide further benefit eligibility.
Beyond the federal law, many states and cities have also passed some form of leave laws, making a formal employer leave policy imperative. Along with not only having a policy, ensuring that employees are aware of the policy, what the expectations of them are and if they may be eligible for any leave, is essential. We conduced a poll of employers during a webcast on June 25 and the results are in the chart below.
Even if you have a formal leave policy in place, it may be prudent to review it again to ensure it addresses eligibility, contributions, and payment policies.
Based on 296 employer respondents. June 25, 2020
FMLA – Family Medical Leave Act