This should be the actual number of individuals (not full time equivalents).
The national average salary is £28,677 – this should be across all grades within the business, not only the lower levels.
The national average in 2017 was 4.1 days off per employee. You should ideally use the average figure for your own company.
If the company pays for 2 weeks’ of sick leave per employee, this would be 10 working days.
How much time is spent by management dealing with the absence for one employee? This ought to include time spent doing the following:
- Arranging cover
- Management having to drop in and cover for the absence, rather than get anyone else to do it
- Return to work interviews
- HR time spent
- Payroll calculation
- Agency liaising
- External advice seeking (HR consultant, employment solicitor, occupational health etc)
The average salary for management across the business (who deal with the absence issues listed above).