Summary
A firm employing a thousand people on 3.5% absence is losing L600,000 if they pay sick pay from day one. This equates to 7,900 lost days. This cost is from sick pay, overtime to others, agency workers, diverted management time and usually underestimates hidden costs. Some companies have very low absence rates, less than 2%. Others have very high figures, more than 10%. Why the difference? The answer is that those who tackle absence effectively and fairly get good results. The public sector has higher absenteeism than the private sector, and manufacturing is often lower than retail sectors because of different attitudes to attendance. There are five steps to attendance management: 1. understanding why people are not attending, 2. introducing a clear attendance policy and procedure 3. training managers how handle absentees and absence situations, 4. building a positive attendance culture, and 5. keeping at it.
See the full content of this document
Extract
It's Monday. So Who's Not Here?
A firm employing a thousand people on 3.5% absence is losing £600,000 if they pay sick pay from day one. This equates to 7900 lost days. This cost is from sick pay, overtime to others, agency workers, diverted management time and usually underestimates hidden costs.
Some companies have very low absence rates, less ...See the full content of this document
Sponsored links
