Counting the cost of staff absence

The cost of staff absence to the UK economy rose to over £13bn in 2005 according to a new survey of over 400 organisations. However, the total number of days lost through absence across the UK economy fell in 2005 by 4 million to 164 million days. This is the lowest level since the survey began in 1987.

The latest annual CBI / AXA Absence Survey, published today (15 May), reveals that absence levels were 30% higher across public sector organisations than in the private sector. Based ... (825 more words)

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