Softworks Blog

Absenteeism costing €1.5bn each year to Irish Businesses - IBEC

Posted by Triona Cahalane on Thu, Aug 25, 2011

Absenteeism resized

The latest IBEC Report has found that on average, employees have missed 5.98 days from work which is an absence rate of 2.58%. A total of 11 million days have been lost as a result of absenteeism with the cost running to approximately €818 per employee.

As anticipated, the level of absenteeism was highest in larger organisations with minor illness cited as the main culprit for short term absenteeism in both men & women.  

In terms of industry, call centres recorded the highest absence rate while software firms had the lowest rate.

According to IBEC's Brendan Butler, the recession appears to have led to a reduced level of absenteeism, but the issue affects the wider economy through loss of potential output and the increased spending on social security.

One of our products – AbsenceWise – is tailored to minimise the negative effects and expense of sick leave by simplifying the process for calculating and reclaiming sick pay and tracking social welfare.  

Contact us now for more information on AbsenceWise

Topics: Workforce Solutions, Absenteeism