Absenteeism is the failure to report to work.

Advertisement

Estimated annual cost—over $40 billion for U.S. organizations; $12 billion for Canadian firms; more than 60 billion Deutschmarks (U.S. $35.5 billion) each year in Germany

A one-day absence by a clerical worker can cost a U.S. employer up to $100 in reduced efficiency and increased supervisory workload.

The work flow is disrupted, and often important decisions must be delayed.

All absences aren’t bad. For instance, illness, fatigue, or excess stress can decrease an employee’s productivity—it may well be better to not report to work rather than perform poorly.

 

Advertisement
The following two tabs change content below.
We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]
3 Comments

Leave a reply

BMS.co.in is aimed at revolutionising Bachelors in Management Studies education, also known as BMS for students appearing for BMS exams across all states of India. We provide free study material, 100s of tutorials with worked examples, past papers, tips, tricks for BMS exams, we are creating a digital learning library.

Disclaimer: We are not affiliated with any university or government body in anyway.

©2020 BMS - Bachelor of Management Studies Community 

A Management Paradise Venture

Ask Us On WhatsApp
or

Log in with your credentials

or    

Forgot your details?

or

Create Account