Beyond the Bradford Factor: Explore the Absence Metrics you are missing
According to research by the Chartered Institute of Personnel and Development (CIPD), absence costs businesses £522 per employee each year.
But in reality, it’s difficult to judge the cost of absence. Indirect costs of sickness, such as employees taking time to get back up to speed when returning to work, are hard to measure. How do you place a definitive value on a short drop in someone’s productivity?
This guide explores the metrics that, when brought together, give you a clear picture of absence at your organisation. On top of this, we show how to present these metrics in a comprehensive format that senior management will find easy to digest.
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