Bradford Factor

What is Bradford Factor ?

The ‘Bradford Factor’ is a formula used as a means to measure the absenteeism of an employee in companies. It was formulated to find the relative cost of short absenteeism to long-term absenteeism.

The formula states that the Bradford Factor (B) is equal to the square of the number of separate absences over a period (S) multiplied by the total number of days of absence over the same time (D).
In other words, B=S2* D

Although its usage is controversial, multiple companies have implemented it to varying degrees of success. Some companies even remove employees with certain kinds of disabilities to avoid skewing the result.

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What is Golden Handshake ? A golden handshake is an employment contract in which employers provide significant severance packages to employees who leave their jobs

Factor Comparison

What is Factor Comparison ? ‘Factor Comparison’ is a scientific technique of ranking the job roles based on the individual factors rather than ranking it

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