How much is absence and recruitment costing your company?
According to the CIPD Absence Management Survey July 2010, the average level of employee absence is now 7.4 days per employee, per year and the average cost of sickness per employee per year is £692. The average recruitment cost of filling a vacancy per employee is £4,000.
Source: CIPD Annual Recruitment, Retention and Turnover Survey 2010. Sovereign Health Care has a range of health care cash plans designed to meet a variety of business needs, including helping to reduce absence and recruitment costs.
Use our absence and recruitment calculator to estimate the costs to your business
The calculator uses statistics from the CIPD Absence Management Survey July 2009 and the CIPD Annual Recruitment, Retention and Turnover Survey 2009 to estimate the costs to your business. The estimates returned will be determined by the information you enter.
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