Employee absences carry hidden costs that can affect an organization’s productivity and revenue.
A survey by the Society for Human Resource Management (SHRM), Total Financial Impact of Employee Absences, found the total cost of time off for full-time employees was between 20.9 percent and 22.1 percent of payroll, with unplanned absences having the highest overall cost.
In addition, supervisors spent an average of 4.2 hours a week—or 5.3 weeks a year—dealing with absences, including finding replacements, adjusting workflow, and providing training.
Recently, the Employ Buffalo Niagara Coalition hosted a webinar focused on Access and Transportation issues in today’s workplace. During the webinar, Katie O’Sullivan, the program manager of Go Buffalo Niagara and a co-champion of the Coalition’s working group, highlighted both free and customized transportation services available to employers.
As employers work to address barriers to transportation, the benefits are clear:
- Perceived corporate social and environmental leadership
- Creation of attractive and cost-effective employee benefits
- Reduced employee turnover and absenteeism
- Expansion of a larger employee pool
- Reduction of parking problems
Want to hear Katie O’Sullivan detail the services provided by GoBuffalo Niagara?Download the Webinar Slides