Poor Covid tracing ‘losing engineering firms an average of £0.6 million’ claim
20 Apr 2021
New research claims that engineering companies and employees returning to physical workspaces this week, new research has found businesses have lost £660,193 on average to inefficient COVID tracing.
Contact tracing tool system creator Contact Harald asserted that this equates to 4.3million working days in the UK over the last year, forcing teams, departments, and even whole companies to shut down and cautiously isolate if just one worker has a positive test..
Key statistics from the survey assert:
84% of UK-based companies and organisations lost working days to ‘potential’ COVID contact
More than £11 billions-worth of productive days were lost, costing each business an estimated average of £660,193
1.4 million lost days could have been avoidedwith the right tracing systems in place
The study looked at 500 UK companies employing more than 100 staff, suggested an average cost of £660,193 per business due to absent workers isolating and waiting for test results, following potential contact with COVID-19.
However this includes time off taken by those who thought they mighthave been in close proximity to someone who tested positive for the virus.
Contact Harald claims businesses have on average lost the equivalent of nearly 255 working days due to possible COVID contact, in addition to the average 142 days caused by absent staff with confirmed coronavirus cases.
Founder Nick O’Halloran commented: “More than 80% of businesses lost working days which is cause for concern to any industry expecting to re-open its doors in the coming months. Our research found that businesses could have reduced the amount of days lost as result of potential COVID by a third (33.5%).”