Using LeaveMaster, you can book and approve time off and keep track of who’s in and who’s out of the office, quickly, easily and efficiently. It gives everyone in your company access to a fast and fuss-free online system.
Version 2.0
According to research conducted by Mercer and sponsored by Kronos, absences that are unscheduled and have not been approved ahead of time by a line manager cost organisations more than 5% of their payroll.
Mercer surveyed 276 organisations from all major industry segments for the research. They found that the average total costs of incidental unplanned absences, such as staff sick days, amount to 5.8% of payroll.
Mercer also found that when employees take unscheduled absences organisations experience an average net loss of productivity of 19% per day.
You can reduce your sickness absence costs by over 25% by using LeaveMaster in conjunction with the Bradford Factor.
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