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Absence Calculator

With average absence through ill health equating to 3.7%* per employee and costing the UK economy over £13.4bn in 2006**, it’s also simple to calculate how your annual investment in Medicash Reward will quickly pay for itself. To find out just how much absence is costing your business per year complete our simple form below:

Step 1: Annual Wage Bill

£

Step 2: Absence Calculator


Total absence days in business (p.a.):
Total available working days per employee (p.a.):231
Absence Rate (%):

Step 3: Results

Total Absence Cost (£):
Percentage of Annual Wage Bill (%):

Annual Cost of Medicash Reward

Reward Annual Cost % of Annual Wage Bill
Level 1
£
%
Level 2
£
%
Level 3
£
%

* CIPD Absence Management Survey Report 2007
** CBI-AXA Absence Survey 2007