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Government statistics state that around 40 million working days are lost every year due to occupational ill health and injury and although long-term absence accounted for just 6% of all absence cases in 2004, it was responsible for 34% of total time lost through absence.
The average cost of absence in 2007 has risen to £659 per year per employee (CIPD).
Employers who adhere to good proactive absence management practices could see reduced premiums, as reduced levels of absence would reflect favourably when negotiating income protection and other insurance premiums.
Benefits to Employers |
- Retain vital trained, skilled or qualified staff
- Reduce costs of retraining - time and money
- Reduce the costs of advertising and induction
- Keep sickness and absence pay to a minimum
- Ensure adherence to the Disability Discrimination Act (Duty of Care)
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- Manage and identify difficult, 'subjective' illness and work issues
- Get help in facilitation of return to work practices
- Get help in formulation of absence management solutions
- Reduce insurance premium costs (Permanent Health Insurance (PHI) and Income Protection Insurance (IPI))
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Benefits to Employees |
- Recover faster
- Minimise the adoption of a 'sick role'
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- Retain job and skills
- Feel valued and appreciated
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