Cost of Leave

Taxonomy term

When we think about the cost of absence, we may only be aware of direct costs related to budgeted items. For example, costs that are usually front and center include disability income replacement costs or the cost paid to a third party responsible for your FMLA administration. What’s missing is an understanding of indirect costs associated with an absence that may be hidden from view because they’re not considered or measured. In this post, we’ll begin to understand these indirect costs and how they can be measured.