People management services
Absence and retention
Counting the cost of staff attrition
Staff absenteeism is one of the most costly and disruptive employee problems faced daily by employers world-wide. In the UK the average cost of absence is around £434 per employee, while in the US it is over $1,000.
Staff absence costs organizations millions in terms of lower productivity, scheduling difficulties, overtime costs, lower product quality, damaged or downgraded products, supply chain problems, customer service difficulties and more. This is why reducing absenteeism remains a primary concern for all organizations, and most continue to hone their absence management policies and approaches.
PA helps companies to tackle the complex issues around employee absence and turnover - such as why people really work for your organization, how you can take action to improve morale, and how you can measure the value of retaining your people. Our business-focused approach identifies the drivers of staff absence and turnover in your business, providing you with the tools and methods you need to manage your workforce more effectively.
We'll help you understand which employees and skills are the most important to retain, calculate the true cost of absence and turnover and its impact on your business, conduct research to find out why people choose to stay or leave, and use our expertise to develop strategies for specific employee segments or for the wider workforce.
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