Integrated Benefits Institute

Make the Business Case

Productivity

October 2013
Other

The Cost of an Absence: IBI’s Lost Productivity Method

IBI recently explained its method of valuing a health-related absence to a group of benefits professionals from one of our member organizations. The valuation method takes into account both wage replacement expenses and associated opportunity costs – such as missed revenue opportunities, overtime and substitute workers. This annotated slide deck was developed for that presentation. It includes descriptive notes to the slides that provide more detail about the method.

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