Absenteeism levels three times higher at large firms - GRiD

Adam Saville
clock • 2 min read

Poor management alongside lack of monitoring and recording of absence could be combatted by group risk products

According to research from Group Risk Development (GRiD), firms with over 250 employees have the highest absence rates - averaging 7.5 days per year - compared to micro businesses (one-to-nine members of staff) who only witness an average of 2.8 days absence per year. According to the survey (November 2017) of 500 HR decision makers in 500 UK business (including 1000 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 ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Group Protection

Equipsme adds elder care support services for members

Equipsme adds elder care support services for members

Includes monitored devices connected to trained staff

Jaskeet Briah
clock 22 March 2024 • 1 min read
Workers prioritise mindfulness as part of mental health support

Workers prioritise mindfulness as part of mental health support

Canada Life research shows

Jaskeet Briah
clock 14 March 2024 • 1 min read
Santé Group partners with Vanquish Business Services

Santé Group partners with Vanquish Business Services

Extending suite of services

Jaskeet Briah
clock 14 March 2024 • 1 min read