See the potential savings you can expect from a successful workplace health program by measuring absenteeism and staff turnover.
Absenteeism
Calculate your organisation's annual cost of absenteeism
Staff Turnover
Calculate your organisation's annual staff turnover
Total Annual Savings
Estimated potential savings from a successful workplace health program
It is estimated that a successful workplace program can decrease staff absenteeism by an average of 30-40%1.
$85,000
Total annual cost of sick leave (absenteeism)
30%
$25,500
Savings made through reducing sick leave (absenteeism)
It is estimated that a successful workplace program can decrease staff turnover by an average pf 10-25%2.
$112,500
Total annual cost of staff turnover
10%
$11,250
Savings made through reducing staff turnover
Total annual savings
$00,000.00as a result of implementing an effective workplace health program
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Find out moreReferences
- 1. PwC 2008, Building the case for wellness, United Kingdom.
- 2. Australian Human Resources Institute 2008, Love 'em don't lose 'em - identifying retention strategies that work, HRpulse Research Report. Available from www.ahri.com.au
