U.S. markets open in 9 hours 12 minutes
  • S&P Futures

    4,386.75
    -7.00 (-0.16%)
     
  • Dow Futures

    34,832.00
    -2.00 (-0.01%)
     
  • Nasdaq Futures

    14,964.75
    -46.75 (-0.31%)
     
  • Russell 2000 Futures

    2,223.50
    +2.80 (+0.13%)
     
  • Crude Oil

    72.63
    +0.24 (+0.33%)
     
  • Gold

    1,814.10
    +14.40 (+0.80%)
     
  • Silver

    25.26
    +0.38 (+1.54%)
     
  • EUR/USD

    1.1860
    +0.0013 (+0.11%)
     
  • 10-Yr Bond

    1.2610
    +0.0270 (+2.19%)
     
  • Vix

    18.31
    -1.05 (-5.42%)
     
  • GBP/USD

    1.3930
    +0.0021 (+0.15%)
     
  • USD/JPY

    109.7800
    -0.1300 (-0.12%)
     
  • BTC-USD

    39,842.92
    +71.86 (+0.18%)
     
  • CMC Crypto 200

    933.16
    +3.23 (+0.35%)
     
  • FTSE 100

    7,016.63
    +20.55 (+0.29%)
     
  • Nikkei 225

    27,757.77
    +176.11 (+0.64%)
     

U.S. employers making moves to facilitate COVID-19 vaccination of employees, Willis Towers Watson survey finds

·3 min read

Few employers believe vaccines should be mandatory

ARLINGTON, Va., March 25, 2021 (GLOBE NEWSWIRE) -- U.S. employers are taking measures to make vaccines more accessible to their employees and to encourage them to get inoculated, according to a new survey by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company.

The Emerging Trends in Health Care Survey conducted earlier this month found more than eight in 10 employers (84%) agree immunization of the population will allow the country to reactivate the economy, and 80% of employers say it will allow them to move to a new normal in terms of returning to the workplace. Yet, relatively few employers (10%) believe vaccines should be mandatory.

“Employers understand that by taking an active part in supporting the vaccination of employees, they can play a crucial role in ending the pandemic,” said Jeff Levin-Scherz, M.D., population health leader, Willis Towers Watson. “A common strategy for employers is to make vaccines an easy choice for employees by first helping convince them to get the vaccine and then making it easy for them to do so.”

The survey identified various actions employers are taking to facilitate employee vaccination:

  • Six in 10 employers (60%) have communicated to employees the value of vaccines; another 35% are planning or considering doing so.

  • More than a third of employers (35%) have developed policies and procedures to make it easy for workers to get the vaccine; another 50% are considering doing so.

  • One in four employers (23%) are helping employees get vaccinated by obtaining vaccines to administer to their employees or facilitating access to vaccines through a third party; another 55% are planning or considering doing so. Among employers that have taken action, or are planning or considering doing so, more than half (55%) are arranging for vaccines to be administered at retail pharmacies, while 45% plan to create a center or onsite/near-site facility to deliver vaccines.

  • Two in 10 respondents are offering incentives to get vaccinated, while nearly three in 10 (29%) are planning or considering doing so. Among those, 39% are providing extra leave or vacation time to get vaccinated, while a quarter (27%) are providing additional leave to employees who have negative reactions or get sick from the vaccine. One in 10 are offering cash or other financial incentives.

“Employers are eager to improve vaccination rates, contain any further spread of the virus and bring employees back to work,” said Chantell Sell Reagan, national pharmacy community clinical leader, Willis Towers Watson. “Despite the optimism about recovery, health care will remain a top priority for employers as they seek to strengthen wellbeing programs, reemphasize preventive and mental health services, and implement new plan designs that meet the needs of a post-pandemic workforce.”

The survey also found just one in 10 employers (10%) are planning or considering requiring proof of vaccination as a condition of employment; nearly one in four (23%) are planning or considering requiring employees to get vaccinated for them to return to the worksite. Additionally, over half of respondents (55%) expect their workforces to be vaccinated by the end of 2021; however, only 30% expected the entire U.S. working population to be vaccinated this year.

About the survey

A total of 446 employers participated in the 2021 Emerging Trends in Health Care Survey, which was conducted between February 23 and March 12, 2021. Respondents employ 6.3 million workers.

About Willis Towers Watson

Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

MEDIA CONTACT

Ed Emerman: +1 609 240 2766
eemerman@eaglepr.com