A new report has revealed that absence through illness can have a major financial impact upon companies.
Citing figures from the Chartered Institute of Personnel and Development, Costofabsence.com - part of BUPA UK Health Insurance - stated that the paper and printing industry is likely to be the worst affected by such absences.
The firm noted that a paper and printing business with 100 members of staff is estimated to have faced a £125,000 annual bill because of sickness, representing a 172 per cent increase on the figure paid during the previous year.
Ann Greenwood, director of business markets for BUPA, said: "Businesses need to understand the impact that sickness absence can have on them, in terms of their performance, productivity and efficiency, as well as the effect it will have on their employees."
In related news, FirstCare stated that only one-quarter of firms expect their staff to work on Christmas Eve, the Daily Mail reports.
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