People Problems - Cost Calculator
| Managers | Average Annual Salary | ,000s/Year | Cost | |
| 25% of time lost in day to day dysfunctional conflict | No. of Managers |
|
£0
|
|
| 13 days lost to each disciplinary | No. of Disciplinaries |
|
£0
|
|
| 9 days lost to each formal grievance | No. of Grievances |
|
£0
|
|
| Employess | Average Annual Salary | ,000s/Year | Cost | |
| 12 days lost to dysfunctional conflict | No. of Employees |
|
£0
|
|
| *Costs based on 230 working days per year | TOTAL COST |
£0
|
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This is just the financial cost. The true cost will include wasted time, higher staff turnover, missed opportunities, absenteeism, inefficiency, low morale, stress, health problems and poor teamwork.
Solution
If you would like to reduce your people problem costs by at least 75%.
"25% of a typical manager’s time is spent responding to dysfunctional conflict" (Dana Organisational Development Journal 1984) "Employers typically spend a total of 13 days in management and HR time on each disciplinary case and 9 days on each formal grievance submitted. On average employees spend 12 days each year dealing with conflict." (CIPD 2007)
Resource: Measuring The Financial Cost Of Organizational Conflict