Absence Management: What You Don't Know Can Cost You

Posted on

August 4th, 2014


Absence management may seem superfluous, but in reality all corporations without it face a variety of unknowns when it comes to lost productivity. How much time is lost due to absence? How well is it tracked? To what extent can these factors be improved upon? How much room is there to enhance savings for the company, and in what ways can employers improve absence experiences for their employees?

Absence management can improve circumstances for all parties involved by improving knowledge, accuracy, and understanding of absence policies and their effects on the workplace. Though these procedures are complex, they can be performed in-house. But many medium-to-large organizations outsource their absence management programs to ensure efficacy and minimize additional effort and staffing. To learn more about the unknowns of your company’s absence policies and how to improve them, contact Actec.