Failure to monitor sickness absence costs

Only just over a third of employers (34%) know how much sickness absence costs them each year, although 80% of them believe that their sickness absence procedures are adequate enough to enable them to manage any financial implications. However, according to the Sickness absence survey by disability insurer Unum, almost half of employers (47%) did not know how long they would have to pay their employees a full salary if they were off sick.