• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Subscribe
  • Submit Content
  • About Us
    • Contact Us
  • Advertise
    • Display Advertising
    • Email Marketing Campaigns
    • Newsletter Advertising
    • Sponsored Content
    • Lead Generation Services
  • Top Product Sources

WholesaleCentral.com Blog

The Industry's Trusted Source for B2B Retail and Wholesale News

  • For Buyers
    • Retail News
    • Products & Suppliers
    • Ecommerce
    • Marketing & Management
    • Trade Show News
  • For Suppliers
    • Supplier News
    • Marketing & Management
    • Importing
    • Manufacturers
    • Warehousing
    • Finance
    • Show Exhibiting
  • Wholesale 101
  • Trade Show Calendar
  • Wholesale Products
Home » Illness Costs Employers

Illness Costs Employers

August 1, 2010 by Publisher

Employee absences inflict costs on businesses equal to 8.7 percent of payroll, according to a new study released recently. That’s the combined cost for both unplanned sick days and extended disability absences. On average, an employee takes 5.4 sick days per year. Workers paid by the hour rack up more sick days, on average, than salaried employees. Exempt employees take 3.9 unplanned sick days per year. Nonexempt salaried employees take 4.9 days. Nonunion hourly employees take 5.8 days, and union hourly employees take 7.3 days.

Unplanned sick days resulted in the highest level of productivity loss, as defined by, “Work that is missed or postponed by not being covered by others.” The productivity loss for unplanned sick days was measured at 19 percent, compared with 13 percent for planned absences and 16 percent for extended absences. The research was conducted by human resource consulting firm, Mercer, on behalf of Kronos, a workforce management solutions company.

According to Michele Deziel, senior director, core product line, Kronos, “What this survey shows is that employers can control labor costs and increase productivity by better tracking and controlling their absence related expenses, and minimizing unplanned absences.”

The, “Survey on the Total Financial Impact of Employee Absences,” was researched on the Internet in the spring of 2010. Altogether, 276 organizations responded from all major industry segments, sizes, and regions throughout the country. The full report can be downloaded at kronos.com.

Category: Retail News Tags: health and beauty, insurance, management

Primary Sidebar

Latest Posts

Using Blockchain to Grow Your Business

Ecommerce

5 Tips to Boost Ecommerce Conversions

Ecommerce

Success Tips for Food & Beverage Wholesale Distribution

Marketing & Management

8 Entrepreneurial Myths Debunked

Retail News

Improve Retail Pop-Up Experiences with Technology

Retail News

Halloween Retail Displays to Boo-st Sales

Retail News

Sign Up for Buyer Updates

WholesaleCentral.com

Join the Buyer's Network

Get news & updates only for retailers.

Editor’s Picks

How to Build the Perfect Marketing Campaign

Editors Picks, Wholesale 101 for Buyers

The Best & Worst Times to Post on Social Media

Editors Picks, Marketing & Management

Best Made in USA Products to Sell in the Summer

Editors Picks, Featured Products, Made in USA, Product News

More Editor's Picks

Follow Us:

© Sumner Communications, Inc.
6 Research Drive, Suite 420 | Shelton, CT 06484