Integrated Absence Management: The HRIS Equation

Jai Hooker@Work


The HRIS Equation

By Kelly Conroy, Assistant Vice President, Customer Experience Management, Lincoln Financial Group; Jamie Shannon, Senior Consultant, Strategic Planning, Lincoln Financial Group

Investing in a human resource information system (HRIS) can be a daunting experience, and getting the most out of it is increasingly important as the human resources (HR) technology market is expected to grow from $47.4 billion in 2021 to $90 billion in 2025 — an 89.87% increase.1

Research provides an interesting perspective on why the benefits administration market is expanding so rapidly. As recently as 2019, 63% of respondents’ enrollment processes were manual, as were 49% of their claims and leave management processes, 39% of billing processes, and 16% of evidence of insurability (EOI) processes.2

While EOI is the most consistently automated, others are catching up. Today, 39% of enrollment processes, 37% of claims and leave management processes, and 31% of billing processes are manual, according to a survey of 153 participants representing a variety of industries, including manufacturing, healthcare, retail, construction, and technology, from the Northeast, Midwest, South, and West regions.2

Full content is available to DMEC members only. Log in to view the complete resource.

If you are not a DMEC member, we encourage you to join. DMEC members have access to white papers, case studies, @Work magazine articles, free webinars, legislative updates, and much more. These resources will assist you in building an effective and compliant integrated absence management program, saving you time, resources, and money. Learn more.

If you are being asked to log in more than once, please refresh your browser.