Whilst it is widely recognised that employee illness and absence has a cost, very few employers have the time, or the information available, to stop and think how much employee absence is costing their business. According to research by the CIPD* in 2007, employee absence is a significant cost to 90% of businesses. Their most recent employee absence survey reveals that on average sickness costs employers £659 per employee every year.
Have you ever stopped to think how much employee absence is costing your business? To find out how we are able to help you monitor and track your employee absence, click here.
* Source: Chartered Institute of Personnel and Development (2007) Absence management. Survey report. London: CIPD.
http://www.cipd/co.uk/surveys
