The Total Financial Impact of Employee Absences
SHRM’s 2014 global absence research reveals that there’s a good chance you’re paying too much for absent employees. And it’s not only sick days and vacation time. SHRM’s newest research uncovers the hidden costs that add up fast – think expensive OT hours, replacement labor and buddy punching – and shows how outdated manual management systems are to blame.
Think about it: cumbersome clipboards, hand-written time cards and spreadsheets. It doesn’t take much to make a costly mistake. Without automated processes, centralized data and real-time visibility into your workforce, expensive errors are inevitable. In The Total Financial Impact of Employee Absences, SHRM reveals the true cost of absence and shares solutions for preventing absence costs from adding up and weighing you down.
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