VOL. NO: 49      DATE:
 

Business News
  Home
  Editorial
  Top Stories
  Health Corner
  Agony Aunt
  Sports

About Us
Subscription
Advertise
Feedback
  Contact Us
AFRICAN ECHO BUSINESS NEWS
Complied by Cass Gilroy-Business Editor

New survey shows small firms made of strong stuff

The Federation of Small Businesses (FSB) has recently published research that details the impacts and issues surrounding ill-health within small firms. The key findings from the survey is that the average number of days small businesses lost to absence per employee was 1.8 days. This is compared to the 8.4 days average in businesses of all sizes as reported by the Chartered Institute of Personnel and Development. 

Many small businesses paint a positive picture, with 43% of firms having no sickness absence in the past year. Business owners take an average of 3 days sick leave per year and many are under pressure to continue to work through sickness to ensure the continuity of the business. However, unexpected absences hit small businesses the hardest. Without any warning a small firm can find itself without a large proportion of its workforce, even though it can be just one member of staff. Covering for absence is also extremely difficult in the small business environment because of the costs and administration involved for the owner in finding cover. The owner also has to take the strain of the additional workload until cover can be found. 

Mary Boughton, FSB National Health and Safety Chairman, said: “This report sheds welcome light on the issue of health at work for small firms. With small businesses employing around half of the private sector workforce, 12 million jobs rely on ensuring small firms keep going when staff are ill. The report also demonstrates the team spirit that runs through small firms with staff and owners more likely to be at work to keep the business running.” 

Incentives for providing access to occupational health care and health promotion initiatives should be made available to enable small businesses to give the maximum help to their employees. Timely access to NHS health care is really important for employers and employees alike to maximise the productivity of businesses. Businesses need affordable sickness absence insurance, specifically for sole traders and small businesses, improved income protection insurance schemes and clearer information about private medical insurance schemes.

 

Please email your comments to
editor@africanecho.co.uk

 
 
Suite C, Queensway House, 275-285 High Street, Stratford, London, E15 2TF, UK
Tel: +44 (0) 208 534 2255 (Editorial), +44 (0) 208 534 2299 (Advertisements)
Fax: +44 (0) 20 8519 5564 Email: info@africanecho.co.uk
Terms & Conditions : Privacy Policy
Powered by:Alt N Solutions