Sick pay changes could benefit UK firms by up to £2bn, TUC says

Exclusive: analysis shows covering part of salaries from first day off can boost productivity and employee retentionBusiness live – latest updatesChanges to sick pay to cover part of workers’ salaries from the first day off could end up benefiting British businesses by as much as £2bn, according to analysis commissioned by the UK’s main union body.The Trades Union Congress (TUC), which is pushing for the government to stick with its plans for workers’ rights, said modelling showed businesses would gain benefits of £2.4bn thanks to productivity boosts, while facing direct costs of £425m to pay for extra sick days. Continue reading...

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