The cost of Employee Absence
Absenteeism is having a huge impact on the bottom line for UK businesses. But despite more than 70% of those businesses admitting that absence has a direct effect on profitability, over a third of these have no idea how much absenteeism costs them.
Staff absence can never be eradicated – but it can be managed effectively to minimise the negative impact on businesses and employees.
Read this whitepaper to understand the trends and implications of the cost of absence to your business.
- 70% of small to medium sized businesses (SMEs) owners say absenteeism is affecting their profitability
- Businesses estimate an average of 15% saving simply by monitoring, measuring and managing absence
- Absenteeism cost the private sector an average of £522 per employee each year