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An HR Director's guide: Absence: what's the cost?
An Access Select HR Director's guide: Absence: what's the cost?
In a lean economy, few organisations can afford to overlook factors that affect morale, productivity and profitability. This makes absence as much of a performance indicator as more 'traditional' KPIs such as turnover and profit. But how is today's cash-strapped organisation to assess whether it has an absence problem - and take steps to reduce it?
This guide explains how HR software systems offer a practical solution for businesses, regardless of setup or size.
Read our guide and learn how we could help you to:
- Accurately estimate the cost of absence to your business
- Capture, monitor and measure absence information
- Identify absence patterns and trends using measures such as the Bradford Factor
- Assess the impact of measures such as return-to-work interviews and flexible working
- Benchmark absence figures and set internal reduction targets
- Utilise workflow and triggers.