Firms with more than 250 employees have the highest absence rates - averaging 7.5 days per year - compared with micro businesses (one to nine staff), which average 2.8 days per year, research from GRiD suggests.
According to the survey of 500 HR decision makers in 500 UK business (including 100 in companies with more than 250 employees), 5% of HR decision makers also admitted to not recording or monitoring absence at all - more prevalent for SMEs (6%) than those with over 250 employees (1%). This equates to nearly 300,000 businesses across the UK with no idea of staff sickness rates. Meanwhile, 55% of large businesses believe they have a higher sickness rate than their industry average, with 25% blaming ineffective absence management. Group risk benefits Pointing to group risk products as ...
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