13/01/2022
Implementation of the workforce vaccination measures, 50% of those who can work from home will be allowed to return to the office.
The long-awaited days are finally here. For the lengthy discussions on productivity rate and cost of absenteeism, while we are gearing ourselves up to the , I bet you didn't think of this -
Cost of Presenteeism vs Cost of Absenteeism, which is lower?
Research by Data.gov.sg indicates that, assuming an employee in Singapore takes 3 days of outpatient sick leave annually, and average hourly rate in Singapore is S$49/hour, it will cost S$392 per day. Thus, annual cost of paying for an employee’s sick leave is S$1,176, approximately 20% of an average employee’s monthly take-home pay. Not forgetting the associated medical claim costs which can amount to approximately S$946 annually, driving your total annual absenteeism costs up to S$2,122 for ONE (1) sick employee. What's your company's average number?
However, Presenteeism has its hidden cost and Yes, can be more costly than Absenteeism- with increasing perception of presenteeism as a display of positive conduct and commendable work attitude–by both employers and employees. Compared to sick absenteeism, the adverse impact of presenteeism on productivity and profitability is even more severe. Without adequate rest and leave, employees may suffer from prolonged periods of ill health. They could also be contagious and spread their illness to colleagues! Presenteeism can lead to 57.5 "lost days" where employees are not working at full productivity–compared to 3 days off, on average, to absenteeism. In fact, research conducted by the Duke-NUS Medical School in Singapore found that presenteeism can cost employers S$12.1 billion per year. NOW, what is your company's average number?
See, the alarming number?
Therefore having a healthy working environment is important. With 50% of your workforce in the office, what might be on your checklist to increase this possibility?
Do you seriously not know that Indoor Air is 2.5 times more polluted than outside air, according to Environment Protection Agency?
Backed by Independent Lab test results,
with 2mm ultra fine honeycomb filter,
1 μAultra-low current on working filter,
10 times particles adsorption capacity,
0.01μm fine particles adsorption the latest technology that kills virus almost instantly.
Why Wait?
It doesn't interfere with your current air systems.
Portable units, ceiling mounted and systems series for Air Sterilising solutions.
Don't just purify and smells nice- Sterilise!
It's definitely cheaper than cost of Presenteeism and Absenteeism!
Strictly by appointment only, our consultants will help you assess the you are taking in. Yes, with PSI.
See it to believe!