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The Cost of Presenteeism

The Cost of Presenteeism

According to the Cornell University Study, the average annual cost of Presenteeism for 2004 is $2000.  Assuming that Presenteeism is reduced by 50%, (by reducing employee turnover and by improving the Customer Service rating) the reduction in direct employee losses for 75 employees is $75,000.  This doesn't even consider customer retention and other customer-related improvements that will have positive impact on the company's earnings.

Process Cost
50% of Presenteeism Cost Reduction $75K

SynRG Prescriptive

Employee Satisfaction Survey
Supervisor DISC Team Building
Customer Service with DISC for 75 employees
Employee Productivity Loss (for training time)

$   1 K
$ 2.5 K
$ 15  K
$ 4.2 K

Run the numbers --

(Presenteeism Reduction - Rx Cost)

* 100 =

ESTIMATED

Rx Cost

 ROI

$75- $22.7

* 100

=

230%

   $22.7

 

 

 

 

 

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