Small Business News | CBI: Bogus sick days cost £2.5bn in year

The British economy has lost 27 million working days due to bogus sick days, which  equates to a financial cost in the region of £2.5bn according to a new survey by the CBI Pfizer.

Employees took 180 million sick days overall and averaged 6.4 days each, costing employers about £16.8bn in 2009. However, the rate of absence has dropped and is the lowest since the survey began in 1987, but the so-called ‘sickies’ remain a problem – senior human resources managers surveyed at 241 public and private sector organisations estimated that about 15 % of sick days were not genuine. To read the full story please visit Financial Times website.

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