Thursday, November 18, 2010

The cost of sickness to employers

A few days ago there was a very interesting article in the paper. I wanted to undertake a robust review of this article and propose solutions. However due to other commitments I haven't been able to undertake this review yet. Therefore I will just draw your intention that it is estimated that sickness is costing employers between $4.5 - 13 billion dollars a year. This is a huge cost, and even higher than I would have thought. To make the maths easy lets assume there is 2.25 million employees. This equates to a cost per staff member of $2 000 - 6 000  a year.

It is great to see estimates like this coming out. I hope it helps employers help their staff make healthy decisions.  

No comments:

Post a Comment