Skip to main content

Star Wars: the phantom cost

May 17 2005 by Brian Amble
Print This Article

The Management-Issues 'killjoy' prize of the week goes to a Chicago outplacement consultancy, Challenger, Gray & Christmas, who have calculated that the new Star Wars film, "Revenge of the Sith" will cost U.S. employers some $627 million in absenteeism.

The firm has estimated that about half the 9.4 million people attending opening days' viewings this Thursday and Friday will be full-time workers daring to take a day off work.

With full-time workers earning an average of $130.60 per day, the two-day cost in terms of lost wages and productivity resulting from 4.8 million absences would be $626.88 million.

But how much will all these film-goers be contributing back into other sectors of the economy, we wonder?

Related Categories

Latest book reviews

MORE BOOK REVIEWS

Relationship Currency

Relationship Currency

Ravi Rajani

In an era where AI can draft emails and manage our schedules, 'Relationship Currency' is a timely reminder of the importance of investing in genuine human connection.

The Voice-Driven Leader

The Voice-Driven Leader

Steve Cockram and Jeremie Kubicek

How can managers and organisations create an environment in which every voice is genuinely heard, valued and deployed to maximum effect? This book offers some practical ways to meet this challenge.

Today Was Fun: A Book About Work (Seriously)

Today Was Fun: A Book About Work (Seriously)

Bree Groff

The solution to improved performance isn't productivity hacks or better time management - we just need to inject more joy into our time at work.