Replacement Staff Costs
Industries like security or healthcare must immediately fill shifts, often at a premium.
Calculate the financial impact of employee absences on your bottom line, including direct costs, replacement expenses, and productivity losses. Our calculator helps you understand the true cost of absence and identify opportunities for improvement.
Absence is a real and unavoidable cost, but many businesses underestimate its financial impact. Industry reports suggest an average absence cost of £781 per employee per year (XpertHR, 2022), but in reality, the cost varies significantly depending on company size, absence levels, and industry factors.
At Honeydew, we know that absence rates can be much higher in larger organisations, often reaching 5% or more, pushing the annual cost per employee well above £1,200. The key question is: what is it costing your business?
Use our Absence Cost Calculator to find out your actual cost of absence and take control of workforce productivity.
The direct cost of absence varies across sectors and job roles. Consider:
Industries like security or healthcare must immediately fill shifts, often at a premium.
When roles aren’t backfilled, existing staff take on extra workload, leading to burnout and reduced efficiency.
In some cases, businesses must cover statutory sick pay while also managing compliance requirements.
Absence tracking shouldn't just be about numbers - it should be about solutions.
Track absences in real-time to minimise disruption, maintain continuity, and ensure critical roles are always covered.
Automate updates and team notifications to ease the pressure on remaining staff and keep operations running smoothly.
Use absence data to uncover trends, support employee wellbeing, and take proactive steps to reduce long-term absence.
* Source: 2016 CIPD Absence Management Survey