ComPsych in the News
CNBC: The share of workers taking mental health leave is up 300% from pre-pandemic levels
Recently, ComPsych data highlighting how the pandemic reset norms for employee leaves of absence was featured in a CNBC article. Between 2019 and 2024, there has been a 300 percent increase in mental health related leaves and a 30 percent increase in leaves of absence overall, indicating a long-lasting change. Factors such as uncertain economic conditions and reduced stigma surrounding mental health have contributed to the uptick.
The latest opinion letter from the Department of Labor (DOL) addresses a common challenge for employers: calculating FMLA leave allowances for employees who work alternative or non-standard schedules. The DOL provided guidance on how to accurately determine the amount of leave an employee is entitled to and how to track the use of that leave in compliance with FMLA regulations, regardless of the employee’s unique work pattern. Read the full blog here.
Industry Insights
Becker’s Behavioral Health: 53% of college students report mental health diagnosis: Study
The University of Michigan’s annual Healthy Minds Study recently surveyed more than 84,000 college students and found that 37 percent had moderate or severe depression symptoms and 32 percent met the criteria for moderate or severe anxiety, further indicating the mental health crisis of young people across the United States.
HR Executive: Workers doubling down on employers for financial guidance, report finds
Increased cost of living and high levels of inflation are driving more employees to look to their employers for financial guidance and resources.