Number of employees  
Total number of working days p.a*   
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Your sector's average absence level 5%
If you know your average absence level, insert here:  % 
Number of working days lost p.a. with estimated absence level** 11,500
Direct costs per day lost*** £   
Indirect costs per day lost*** £150.00
Total absence costs  £3,450,000.00
Yearly gross costs savings at 10% reduction**** £345,000.00
absencecare service charge per employee per year £50.00
Gross savings per month £28,750.00
Service charge per month £4,170.00
Net savings per month £24,580.00
Total net savings per year £294,960.00
*Estimated average of 230 working days per year
**Sector average absence level according to CIPD
***Direct and indirect cost. According to the CIPD and ACAS indirect costs are at least as high as direct costs of absence
****Conservative assumption. Experience from the Scandinavian market shows that absence can be reduced 20-30%