The 10-Step Checklist to Prevent Costly Problem Absenteeism
According to the Conference Board of Canada, absenteeism in the workplace costs the Canadian economy almost $37 billion annually in wages, lost productivity and replacement worker expenses. The cost of absenteeism is measured as more than the direct payment of wages and benefits paid during the absence. Organizations must also consider the indirect costs of staffing, scheduling, re-training, lost productivity, diminished moral, turnover, and opportunity cost. The indirect costs often exceed the direct cost of absenteeism.
What is absenteeism costing your company?
Absenteeism is a term used to refer to absences that are avoidable, habitual and unscheduled and can be a source of irritation to both employers and co-workers. Such absences are disruptive to proper work scheduling and productivity output, and costly to organizations and the economy as a whole. Although absenteeism is widely acknowledged to be a problem, it is not easy to quantify. The dividing line between avoidable and unavoidable is difficult to draw, and absenteeism can easily masquerade as legitimate absence.
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