Stephen Alambritis, head of public affairs at the FSB, estimates the absence levels for yesterday alone will cost UK business £1.2 billion and with the adverse weather set to continue throughout the week, this figure could rise to £3.5 billion.
Stephen Beynon, managing director of ntl: Telewest Business, believes organisations need to have a contingency plan for the weather.
He said: "The British weather seems to be getting even less predictable so organisations need to have a continuity plan in place to ensure operations do not come to a standstill when the worst happens.
"Businesses can prepare with a flexible working policy so employees can still be productive and continue their work, wherever they are."
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Snow estimated cost to UK business 3.5 billion in lost employee productivity
As the UK woke up yesterday to the worst fall of snow since 1991, 20% of the workforce - totalling 6.4 million employees - were unable to make it to work, according to the Federation of Small Businesses (FSB).
