What does sick leave cost ?
Fear not, a sick employee will quickly cost you as a business owner €9,000 per month. With an average of four sick employees, this means the hefty sum of €36,000.
We are able to reduce absenteeism costs by 15%, and also save up to 30% on insurance premiums!
Sick leave in practice
Short-term absenteeism
1 to 6 weeks of illness
In the first few weeks, absenteeism is relatively easy to deal with. Colleagues can usually take over the work temporarily.
The main cost is the cost of the mandatory 70% salary continuation, but short-term loss of productivity and extra overtime also add to the cost.
Medium absenteeism
6 to 42 weeks of illness
Temporary replacement is needed after several weeks of illness. This means additional costs for recruitment and selection, temporary hiring, familiarisation and loss of productivity.
In addition, you will incur costs for mandatory health and safety services, internal absence counseling and reintegration.
Long-term absenteeism
42 weeks to 2 years of illness
In cases of long-term illness, suitable work is mandatory. If this does not work out, it should be considered whether this can be done with another employer.
An occupational survey is also mandatory.
For both obligations, the cost is for the employer.
What are your absenteeism costs?
Sample calculation:
| Payroll continuation | € 162 | |
| Cost of replacement | € 202 | |
| Turnover loss | € 47 | |
| Occupational health and safety service costs | € 12 | |
| Internal absenteeism counseling | € 10 | |
| Total per day of illness | € 433 |
Long-term absenteeism is on the rise
"Almost a quarter of all absenteeism in 2023 was caused by stress (overwork or burnout). With stress-related complaints, employees are not fully at work for an average of 240 days. With burnout, this is even 300 days."
Arboned
What Alpina can do for you
Alpina offers more than just insuring the costs of long-term absence.