Do you know how much Workplace Ill-Health issues cost your business in the last year?
Roughly calculate your Workplace Ill-Health costs here.
Health-related absence cost in the last year
Would you like to be more competitive and save some money for your SME?
It is estimated that absence costs the UK economy around £17.3 billion a year. Around 2-3% of the working population is off sick each day. This results in some 40 million lost working days every year. It could be a lot better! Read on to reduce the costs of Workplace Ill-Health for your organisation
Occua can help you achieve better results in both these areas
- This represents the average cost of absence for one person based on CIPD figures and will vary across industries and in line with salary levels and organisation-specific absence levels.
- Indirect costs include agency cover, overtime cover, loss of sales and so forth
- Costs include loss of productivity after a person leaves and before a new person starts, continued loss of productivity while they are training/learning, loss of sales, potential recruitment agency costs, onboarding costs, equipment costs and costs of management effort.