New Acas report estimates workplace conflict costs employers nearly £30 billion a year

Workplace expert, Acas, has published new analysis today which estimates that workplace conflict costs UK employers £28.5 billion every year, an average of just over £1,000 for every employee.

This estimate is based on the total cost to organisations in handling workplace conflict that includes informal, formal and legal processes as well as the cost of sickness absences and resignations.

The report shows that nearly half a million employees resign each year as a result of conflict and that handling disagreements and complaints early before employment relationships are damaged can help save businesses money.

Read more