Introducing Insurope’s Global State of Workplace Absenteeism Report

Helping employees balance their mental and physical health has grown into one of the biggest challenges employers face today. For multinational companies with employees around the globe, this challenge is even greater. To attract and retain top talent and maximize productivity, employers must offer wellbeing solutions that enhance their employee benefit plans.

These programs are designed to improve both physical and mental wellbeing, which can also help employers reduce overall absenteeism. This reduction not only benefits employees who are unwell but also alleviates significant strain on the organization as a whole.

Insurope’s Global State of Workplace Absenteeism Report is designed to help employers better understand absenteeism, its cost to an organization, how it varies globally, and what can be done to prevent it. We examine the latest global trends in absenteeism and provide practical insights that employers can draw upon while managing their global workforces.

The report delves into the disparity among sick leave policies by country, statistics on employee absences, and the connection between regulation, strong social security systems, and cultural norms. We also highlight how this correlates to disability insurance.

Broadly, members of the Insurope Network are seeing disability claims on the rise in both frequency and severity following the COVID-19 pandemic. While the start of the pandemic saw a reduction in claims due to lockdowns, claims increased once restrictions were lifted. However, in 2023, we are back to a more normalized level (pre-COVID), as COVID has less of an impact. There is, however, a trend that disability is on the rise because of mental health issues and other chronic diseases.

The report also discusses how global risk solutions, such as multinational pooling, are increasingly important for employers.

We hope this report provides new information and insights that will help you successfully navigate the shifting employee benefits landscape and better support your employees.

You can download the report in the RELATED MATERIALS on this webpage.