Date: 20 March 2017
Disclosure:
The table below provides a breakdown of the number of sick days taken each calendar year by Bank of England (the ‘Bank’) employees since 2010 that have been recorded on employees’ timesheets. There may have been instances where employees were absent but did not record the absence correctly.
There was a significant increase in the number of Bank employees in 2013. This was due to the Prudential Regulation Authority (‘PRA’) becoming a subsidiary of the Bank on 1 April 2013. As part of the establishment of the PRA, a number of employees from the predecessor regulator, the Financial Services Authority, became Bank employees.
|
Calendar Year |
Total number of FTE* sick days |
Average FTE* sick days per employee (Short and long term sickness) |
Average FTE* headcount |
Average FTE* short term sick days per employee |
| 2010 | 7824 | 4.4 | 1769 | 2.7 |
| 2011 | 7820 | 4.3 | 1816 | 2.5 |
| 2012 | 8313 | 4.2 | 2000 | 2.6 |
| 2013 | 13844 | 4.4 | 3110 | 2.4 |
| 2014 | 16230 | 4.6 | 3508 | 2.4 |
| 2015 | 17718 | 4.8 | 3689 | 2.5 |
| 2016 | 19669 | 5.0 | 3948 | 2.5 |
* full time equivalent
The average amount of short term sick days taken by employees in 2016 was 2.5 per employee. When combined with long term sickness absence, categorised as absence for 20 or more consecutive work days-or FTE equivalent, this amounts to an average of 5.0 days per employee in 2016.
Staff are asked to register all sickness leave via the Bank’s online HR system and to inform their line manager. Absences over seven days require a doctor’s certificate.
The Bank offers a range of services, benefits, initiatives and policies to support staff in managing their mental, physical and social wellbeing. This includes in-house counsellors, a doctor, dentist, gym and workstation assessments.