Cost Savings Calculator

How much could your business save by investing in Business Pastors?
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Cost Savings Calculator

To see how much your business could save, simply input the number of people you employ and the potential cost savings will be automatically calculated.

Absenteeism
Average number of days of absenteeism per employee per year 6.30
Cost per day £82.86
Annual Costs £0.00
Presenteeism
Annual Costs * £0.00
Staff Turnover
Annual estimated staff turnover (%) 16.5%
Turnover costs per position £30,614.00
Annual Costs £0.00
Potential cost savings: £0.00

* Evidence shows a ratio of 1:2.5 for the cost of absenteeism to presenteeism. Therefore, for every £1 cost to business of absenteeism, there is estimated to be an additional cost of £2.50 due to presenteeism.

Absenteeism
Not attending work
Presenteeism
Attending work while unwell
Staff Turnover
The proportion of employees who leave an organisation over a set period (often on a year-on-year basis)
Average number of days of absenteeism
Average number of days of absenteeism per employee per year is 6.3  (Chartered Institute of Personnel and Development (CIPD) Annual Survey Report 2016: Absence Management)
Cost Per Day
Cost per day: £82.86 (Chartered Institute of Personnel and Development (CIPD) Annual Survey Report 2016: Absence Management.)
Cost of presenteeism
Cost of presenteeism relative to the cost of absenteeism: 1:2.5 (On the basis of research assumed a ratio of 1:2.5 for the cost of absenteeism to presenteeism.) Therefore for every £1 cost to business of absenteeism there is estimated to be an additional cost of £2.50 due to presenteeism.
Annual Estimated Staff turnover
Annual estimated staff turnover: 16.5% Chartered Institute of Personnel and Development Annual Survey Report 2017: Recruitment, Retention and Turnover Survey.
Average turnover costs per position
Average turnover costs per position: £30,614.00 Oxford Economics (2014). Understanding the financial impact of staff turnover.

Why Choose Business Pastors?

Business Pastors are trained, experienced and dedicated. Available 24/7 365 we provide pro-active care, support and encouragement to all staff and their immediate family members.

 

Business Pastors is a registered social enterprise. Any organisation operating with a corporate social responsibility policy to support social enterprise and with the goal of impacting the wider society can achieve this aim by engaging the services of Business Pastors.  The proactive nature of Business Pastors will help reduce pressures on the NHS and Police service for example by identifying and addressing issues before reaching a crisis point.

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