Less than a quarter of all British employers know the costs of staff absenteeism, a survey has found.
The survey was conducted by employers’ body EEF and Westfield Health. It found that just 22% of UK firms measure the direct cost of sickness absence. As a result, the EEF has committing itself to developing a template for businesses that will help them to calculate the costs of absenteeism.
We’ve estimated that, by using LeaveMaster in conjunction with the Bradford Factor, you can reduce your sickness absence costs by over 25%.
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