Kronos recently sponsored a research survey with Mercer to dive into the total costs of employee absence, beyond the more identifiable costs of sick and vacation pay. The results were astounding:

• The total costs of employee absence average 36% of base payroll
• This figure includes both direct costs, like employee pay, and indirect costs, like replacement expenses and net lost productivity
• Not included in the 36% are the administrative costs related to managing employee absence

The processes and costs associated with employee absence can be managed and reduced with an automated solution from Kronos.

Contact Kronos now to learn how you can reduce the cost impact on your business.