Wednesday, 02 June 2010
The Bradford Factor
What is the Bradford Factor? How can it help your company?
The Bradford Factor is a report that measures an employee’s irregularity of attendance and the effects of absenteeism on a company. In theory frequent, short spells of absence can cause more disruption to a business and result in higher costs than fewer, but longer spells of absence.
The report measures the frequency and duration of absences over a period of fifty-two weeks and calculates an absence score, in points for each employee. This helps to discourage excessive absenteeism and allows managers to compare employee attendance within and between, different departments, as well as across the company as a whole. The Bradford Factor measures both the number of sick days and the number of absences. The formula is:
S x S x D = 'Bradford Factor'
(S is the number of spells of absence in the last 52 weeks and D is the number of days' absence in the last 52 weeks).
Only through measuring absences can an organization assess if there is an issue with absenteeism , the extent and decide the best means of tackling the problem. Advance Systems' Time and Attendance solutions allow you effectively and efficiently manage absenteeism in your organization.
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