Cover Magazine - Absenteeism levels three times higher at large firms - GRiD - GRiD

Poor management alongside lack of monitoring and recording of absence could be combatted by group risk products.

According to research from Group Risk Development (GRiD), firms with over 250 employees have the highest absence rates - averaging 7.5 days per year - compared to micro businesses (one-to-nine members of staff) who only witness an average of 2.8 days absence per year.

According to the survey (November 2017) of 500 HR decision makers in 500 UK business (including 1000 in companies with more than 250 employees), 5% of HR decision makers also admitted to not recording or monitoring absence at all - more prevalent for SMEs (6%) than those with over 250 employees (1%). This equates to nearly 300,000 businesses across the UK with no idea of staff sickness rates.

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