ACOEM Report: HR Policies May Contribute More to Business Outcomes

Health benefits, paid time off, and compensation are more important factors in business outcomes than may have previously been thought.

A new report published in the American College of Occupational and Environmental Medicine's journal suggests that HR policies such as health insurance benefits, paid time off, and compensation are all very important "missing variables" in studies that connect health with business outcomes.

According to the report, these types of policies are largely ignored when the effects of employee health on business outcomes are studied. Studies may address medical costs, absenteeism, and productivity, but most ignore the design of health insurance benefits, the effects of PTO, and the company's compensation policy.

In addition, the report suggests that researchers also should account for the effects of full-time versus part-time status in business outcomes because "consideration of these largely neglected variables has become increasingly important."

For more information, visit ACOEM.org.

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    September 2020

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