Best Practice Report

COVID-19-Related Absenteeism And Your Workforce: A Systemic Risk Calculator

How To Calculate The Costs Of COVID-19 Illness To Your Business

June 22nd, 2022
With contributors:
James McQuivey, PhD , Katy Tynan , Alla Valente , Anjali Thomke , Rachel Birrell


Systemic risk will be a major driver of the future of work for the next decade, as the pandemic has vividly demonstrated. Part of driving resilience in the face of systemic risks involves measuring and tracking the costs of those risks — and then working to mitigate them. In 2022, COVID-19 is creating a little-discussed risk to the workforce in the form of absenteeism. In this report, we offer a calculator that you can use to find your company’s specific costs of absenteeism as well as actions you can take to mitigate those costs.

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