What You Could Save
Low back pain accounts for over 65% of all MSD injuries. The recorded average absence from work for this condition is 4-6 weeks. NHS waiting lists for physiotherapy are often in excess of 10 weeks. New NHS guidelines have been published calling for an 18 week waiting target (March ’07). This is in the face of current research which has shown that early intervention is critical in the prevention of chronic disability and prompt recovery.
The following calculations illustrate what the cost of absence would be based on the following salaries:
Table of calculating cost of time lost to industry
| Annual salary | 1 min | 1 hour | 1 day | 1 Week |
| £40,000 | 40p | £24 | £168 | £840 |
| £25,000 | 25p | £15 | £105 | £525 |
| £15,000 | 15p | £9 | £63 | £315 |
| £10,000 | 10p | £6 | £42 | £210 |
Auditory and measuring the cost of Absence – Occupational Health Magazine November 1997
What will it cost?
The average cost of PhysioDirect intervention per employee for 2005/06 was £240.
In most cases PhysioDirect was able to keep staff at work. The cost of service even saved money for temporary and minimum wage employees.
The true cost of sickness absence is often substantially more than illustrated above and often overlooks:
- Staff morale
- Overtime payments
- Lost production
- Missed deadlines
- Replacement recruitment & training
- Exposure to ‘duty of care’ and insurance premiums
Whatever the exact nature or cause thousands of companies suffer unnecessary financial burden due to sickness absenteeism much of which can be avoided!
To calculate how much employee absenteeism is costing your business - use Hugo Fair's (author of “Personnel and Profit") cost of absence calculator. Use this to offer an online calculation.
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BenefitsWe know how important it is to help keep staff fit, healthy and at work
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ServicesWe have a range of initiatives and expertise that can be tailored to your organisation
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SavingsThe average absence from work for this condition is 4-6 weeks
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