Absenteeism costs the SA economy around R12 -16 billion per annum.
There is a clear link between: employee health → productivity → absenteeism
Measuring and recording absenteeism data means nothing… UNLESS you understand, monitor and actively intervene.
It is what our clients know and understand about absenteeism drivers that leads to sensible and sustainable initiatives.
Did you know?
On average 15 – 30% of staff could be absent on any given day.
Convert that to rands and cents per annum!
2 out of 3 employees who fail to show up for work aren’t physically ill.
That suggests there is something you can do about it!
Sleep disorders are ranked “top cause of lost work time!”
Losing sleep about absenteeism is costing you money
One day’s absence can cost a company 3 day’s worth of salary without active management of absenteeism.
This article is a general information sheet and should not be used or relied upon as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your financial adviser for specific and detailed advice. Errors and omissions excepted (E&OE)