How many days are you missing?

A recent report estimated that 60-70% of a dealer’s costs were spent on salaries and staff.  That is quite an overhead. And quite an asset.  And, according to other studies quite a leaky bucket.  On average at least 9 days out of every working year are lost to absenteeism. We had a chat to a number of the top employers to find out how they viewed the absenteeism problem.   As you would expect, there was a range of opinions, but it is interesting how polarised opinions are.  It seems that most of you view as absenteeism a bit like crime figures. It is either something that has to be stamped out, or it is a symptom of something else.  There are very few employers are out there who view it as a bit of both. But it is a real cost. 9 days adds about 3.5% to your staff costs, and just as importantly a lot of stress, reorganisation and disruption to other employees.  But just as the loss of talented performers from your business is both avoidable and controllable, so is absenteeism. But you need to decide to tackle it. Want to subscribe to this blog? click here.