Flexible working is a key commitment in the People Plan. To help promote flexible working across our workforce, NHS England and Improvement have created a simple cost calculator to help organisations identify potential cost savings.
The tool can also be used to measure return on investment from any retention initiative by calculating savings based on the additional costs to the organisation from bank and agency costs, and from recruitment costs when staff leave. A simple calculator tool, using data on current turnover and bank and agency costs, calculates savings generated from reducing turnover.