Absenteeism is an issue currently costing the British economy approximately £100 billion.
Following the recent bank holiday, a study by Catapult found that there is an absenteeism crisis in the UK. Through ‘sickies’ or just days off, businesses are losing 6.9 days a year per employee and it is costing the economy an estimated £100 billion.
Nearly a quarter (23%) report ‘non-genuine absence’ as their top cause for short term absence. As a result, UK employees missed 131 million days in 2014, with an average cost of £554 per employee to a business.
Oli Johnson, co-founder of Catapult said: “The scale of the UK’s absenteeism problem is simply staggering. British firms are currently losing nearly a week’s worth of productivity from employees and this is having a detrimental effect on their bottom lines. SMEs are most affected by this problem due to much smaller workforces, they are simply not able to absorb the impact of an absent member of staff.”
“As the UK enters the summer period, its absenteeism problem is only likely to be exacerbated, especially with standout sporting events like Euro 2016 and the Olympics which will further compound the problem of non-genuine employee absences.”