April 01, 2012 19:00 ET

Swinton Commercial Advises Employers to Take Control of Sickness Absence

MANCHESTER, UNITED KINGDOM--(Marketwire - April 1, 2012) - Swinton Commercial, one of the UK's leading business insurance brokers, is urging employers to make sure they are covered against sickness absence, after new figures show that UK businesses are wasting money by failing to monitor employee absence.

New figures released earlier this month as part of the Aon Hewitt Benefits and Trends Survey 2012, show that UK employers may be wasting thousands of pounds each year by failing to accurately measure staff sickness absence.

The survey, which polled 185 employers in the UK - representing a combined total of around 650,000 employees globally - found that around 32% of employers did not know how many days employees are absent due to ill-health each year.

Alarmingly, 53% of employers polled admitted that they do not measure the total cost of employee healthcare each year, leaving them unaware of the financial cost to their business as a result of sickness absence.

"Sickness absence can have a serious effect on a company's productivity and failing to measure when staff are taking ill is a sure fire way to incur substantial financial losses for your business," says Brian Greenfield, Chartered Insurance Broker at Swinton Commercial.

"Monitoring your business' rates of sickness absence is essential for allowing you to tackle workplace problems which could be costing you money. It is also essential to make sure that you have the right business insurance, to cover your business for all eventualities."

Swinton Commercial Insurance offers the following tips to employers on how best to monitor their rates of sickness absence:

  • Draw up an absence and sickness policy/procedure for all employees to include when time off is permitted, including how workers should notify you if they are ill, and when they should submit a note from their doctor to certify their illness
  • Assign someone the role of keeping detailed staff attendance records
  • Assess whether or not certain illnesses will interfere with long-term duties - and make adjustments to work schedules to allow employees to continue in their role
  • Consider offering staff incentives for good attendance to discourage staff from taking unnecessary sick days
  • Review existing absence policies and procedures to identify improvements that could be made.

Notes to Editors:

About Swinton Commercial:

As one of the UK's leading commercial insurance brokers, Swinton Commercial has the expertise and industry knowledge to provide you with highly competitive business insurance that's tailored to your needs.

With 34 branches across the UK, including 19 regional centres, Swinton Commercial has quickly established itself as the UK's local broker, offering a dedicated team of advisors with specialist industry knowledge in all sectors.

Your local Commercial Account Executive has an in-depth understanding of the insurance market in your area and will arrange a face-to-face appointment with you, taking the time to thoroughly understand your business and its specific requirements.

We cater for most types of business - from small start-ups to well-established organisations, comparing quotes from leading UK insurers to find you the right level of insurance, at the right price.

What's more, our award-winning offering has over 80,000 business customers - and we're growing fast.

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