6

February

Australian workers take six unscheduled days off work a year. Why?

Catherine Birchall

The latest Australian Work Outlook Report from AHRI* has revealed that Australian workers took an average of six days of unscheduled absences in the last financial year. This may not sound like much on face value, but beneath the surface there’s lots of consider.

Firstly, this figure is up from the previous financial year, which included considerable disruption caused by COVID-19.

Secondly, it isn’t just about the numbers, it’s also about the reasons. Sure, we’re all allowed to take a sick day when we need to, but there are many other reasons why we might step away from work. The most common reasons include:

  • home responsibilities
  • minor illnesses
  • COVID-19
  • long-term health conditions
  • mental health conditions
  • stress

While health concerns are high on the list, stress continues to be a consistent reason for absences in Australian workplaces. It’s also a common thread amongst a lot of different employee wellness research and statistics, one Money101 has reported on many times. The main culprits appear to be cost-of-living pressures, poor work-life balance and excessive workloads.

What’s the solution?

While employers can’t necessarily solve cost-of-living pressures for their workers, there are ways they can help them in other areas. It's interesting to consider that AHRI’s report indicates a growing support from employers about 'right to disconnect' policies in workplaces; meaning employees would have a legal right to completely disengage from work-related communications outside work hours. 45% of employers report that a formal policy is necessary within their organisation and around 41% already one in place.

One effective measure employers could take to reduce stress and consequent unscheduled absences is to give employees access to employee assistance and wellbeing programs. Employee wellbeing programs have been proven to increase workplace productivity, employee engagement and morale, among a host of other benefits – physical, mental, financial and more.

Financial wellbeing programs provide education and tools for employees to make more informed, confident decisions about their own finances. The skills they learn not only stay with them, but benefit their families and the next generation.

*AHRI, ‘AHRI Quarterly Australian Work Outlook’, December Quarter 2023

About the Author

Catherine is the Founder of Money101. Having pioneered the development of digital financial education content in Australia in the early 2000s, she founded Money101 in 2004. Catherine remains a passionate evangelist for financial wellbeing and education.

Education: MBA, Business Administration and Management, General; Diploma of Financial Services, Financial Planning; B.A. Communications, Liberal Studies

Want to support your staff with a market-leading digital financial wellbeing program or leverage money education to attract and retain clients? Contact Money101 today!

General non-advice disclaimer

The information contained in this article is of a general nature, is provided for education purposes only and does not constitute financial advice. It has been prepared without taking into account your particular financial circumstances or objectives. You should consider the appropriateness of the information as it relates to you. You may wish to consult an adviser before you make any decisions relating to your financial affairs.

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