The below calculation demonstrates the cost benefits of employing long-term temporary workers.  Use our suggested figures or enter your own and click the 'Recalculate' button.   Scroll down to see how much you save and the benefits.

The average worker has 24 days holiday per year, but what does this cost?

Cost of employing someone to replace the worker on holiday from an agency:

Average sickness per year per worker is 21 days.  This costs:

Cost of employing someone from an agency to replace a worker on sick leave:

Therefore, for a full-time person on your books, the extra cost to the employer is:

Total Cost = £2,741.76 + £2,399.04 = £5,140.80
This equates to £98.86 per week

Cost of employing a temporary worker for 40 hours = £7.83 x 40 = £313.20

Cost of employing a permanent worker is:
£6.45 x 40 = £258 + extra costs related to holidays and sickness of £98.86 = £356.86

Therefore the difference between employing a temporary worker over a permanent worker is £43.66 per week.

This equates to a saving to your company of £2,270.40 per year per permanent worker.

Read more about the benefits to your business.