Thursday , November 21 2024
Home / le News / Public worker absenteeism costs Geneva 285 million francs a year

Public worker absenteeism costs Geneva 285 million francs a year

Summary:
Public worker absenteeism in Geneva costs at least CHF 285 million, according to Heidi.news, which calculated the sum based on information contained in an internal document. © Lauvergnat Laurent | Dreamstime.comAccording to the news service the cost of absenteeism, which continues to rise, is equivalent to 11% of the 2.54 billion spent public sector workers’ salaries in 2019 and 3% of the canton’s total public sector spending that year. This is the first time that such information has been made public. The CHF 285 million cost is calculated by taking the direct salary cost of CHF 95 million and adding in additional costs such as replacement staff, extra hours worked by other colleagues and the cost of dealing with administrative errors. The costs of this absenteeism

Topics:
Investec considers the following as important: , , ,

This could be interesting, too:

Investec writes Switzerland ranked second in digital competitiveness

Investec writes Swiss wages set to rise in 2025

Marc Chandler writes The Dollar Remains Bid, While the Euro and Swiss Franc are Sold Through Last Week’s Lows

Investec writes Federal Council hopes to boost savings with pension change

Public worker absenteeism in Geneva costs at least CHF 285 million, according to Heidi.news, which calculated the sum based on information contained in an internal document.

© Lauvergnat Laurent | Dreamstime.com

According to the news service the cost of absenteeism, which continues to rise, is equivalent to 11% of the 2.54 billion spent public sector workers’ salaries in 2019 and 3% of the canton’s total public sector spending that year.

This is the first time that such information has been made public.

The CHF 285 million cost is calculated by taking the direct salary cost of CHF 95 million and adding in additional costs such as replacement staff, extra hours worked by other colleagues and the cost of dealing with administrative errors.

The costs of this absenteeism represent an average annual cost of around CHF 900 per taxpayer in the canton of Geneva, a sum which rises further when those paying no tax are removed from the calculation – around a third of those filing a tax return in Geneva pay no tax, reported Le Temps.

More on this:
Heidi.news article (in French) – Take a 5 minute French test now

For more stories like this on Switzerland follow us on Facebook and Twitter.

About Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to our niche client base.

Leave a Reply

Your email address will not be published. Required fields are marked *