Page 62 - 2020 Peel & Holland Benchmarking Survey Results

SHORT-TERM DISABILITY

STD Insurance: Premiums

Type
Count
Percent
A significant share of families file for bankruptcy—25% of dual-
income families and 13% of single-parent families—after missing two
100%
or more weeks of work because they were sick or were caring for an
Employer
ill family member, circumstances that would be covered by a paid
Paid
14
34%
family and medical leave policy.
Joint Economic Committee, United States Congress, The Economic Benefits of Paid Leave: Fact Sheet
100%
Employee
Paid 61% 25
Do you offer eligible employees Contribut
Short-Term Disability: Premiums
ory 5% 2
the option to participate in a
Do you offer eligible employees the option to participate in a Short-Term Disability plan?
Yes 80% 41 100%
short-term disability plan? 5%
10
20%
No
Contributory
(ER/EE Split)
80%
80%
Yes 61%
100% Employee Paid
60%
40%
34%
20% 100% Employer Paid
20%
No
0%

60 PEEL & HOLLAND | 2020 Western Kentucky Employee Benefits Benchmarking Survey Results