Absences, resignations on the rise

Costs to employers also increasing, but is HR crunching the numbers?
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 11/22/2011

While Canada’s employment rate may be rising, employee turnover is also on the rise as absenteeism and resignation rates grow and businesses struggle to retain workers, according to the HR Metrics Service. The annual cost of absences has increased by $300 per person and the median cost of resignations per employer has shot up 60 per cent.

“The rising absenteeism brings a significant increase in additional organizational costs through lost productivity, additional labour costs for overtime and increased HR/managerial workload to track and deal with attendance,” said an update from the service, a collaborative venture by the British Columbia Human Resources Management Association (BC HRMA), the Human Resource Management Association of Manitoba (HRMAM) and the Human Resources Professionals Association (HRPA).

“It also indicates a likely future increase in health-care costs, as a percentage of all absences will become chronic health issues.”