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Lexis+ AI
Nicola Laver

Editor, Solicitors Journal

Quotation Marks
[print title] Workplace conflict [10 May 2021]

Cost of workplace conflict spirals

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Cost of workplace conflict spirals

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The annual cost to employers of workplace conflicts reached nearly £29bn just before the pandemic, according to ACAS

The annual cost to employers of workplace conflicts reached nearly £29bn just before the pandemic – an average of just over £1,000 for every employee – according to an ACAS report. It was based on the total cost of handling conflicts and identified the annual cost of disciplinary dismissals at £10.5bn, the cost of sickness absences (£2.2bn) and of resignations (£11.9bn). Acas chief executive Susan Clews said the report showed handling disagreements and complaints early, before employment relationships are damaged, can help save businesses money.


 

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