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The
budget depends on a range of factors, including the size of the
organisation, it's geographical
spread and the size of the problem.
Here's
a rough guide.
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If the average number of days absent is less than 7, allocate an
amount equivalent to 1 days absence, across the whole of your
organisation.
If the average number of days absent is more than 7, allocate an
amount equivalent to 2 days absence.
These days the average cost of a day's absence is around $250.
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Allocate an amount equivalent to 20% of your
worker's compensation premium |
We view money spent on WHFW as an investment, not a cost.
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