Out Sick - The True Cost of Employee Absence

Are rising absence rates a sign of economic recovery, or of disengagement? The direct cost of absence is often recorded and reported in annual surveys but the indirect costs can exceed the direct costs by as much as 200%. Most managers are unaware of what absence is costing their own organisations in lost revenue and reduced profitability. Worse still, senior managers often do not even have visibility to absence trends and absence levels in their organisation making it difficult to address the underlying cause. Download this white paper to learn how an automated absence management solution can help you reduce absence rates by 25% on average, in addition to reducing payroll costs, improving labour productivity and ensuring legislative compliance.