Stop throwing the same solutions at your employee absentee problem. Reason: Per-employee absence costs have reached an all-time high of $789 this year, up from $610 just two years ago, according to an annual survey by CCH Inc. Andtends to peak from December to March, thanks largely to the flu and holiday seasons.
Although the employee absenteeism rate has actually declined a bit over those two years, direct expenses related to those no-show employees has jumped dramatically. Direct expenses include costs for overtime and replacement workers.
"Employers have been clinging to traditional sick leave policies and disciplinary action for years. But the status quo is costing them more each year," warns CCH workplace analyst Lori Rosen.
Top reasons for unscheduled absences: Personal illness (33 percent), followed by family issues (24 percent), personal needs (21 percent), stress (12 percent) and entitlement mentality (10 percent).
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/638/fix-absentee-problem-cost-of-no-shows-is-rising "
- Essential Topics in Employee Handbooks
- Paid sick leave proposal put before legislature
- Feel free to discipline or fire if it's warranted -- regardless of employee's FMLA status
- Congress begins debate on paid-leave bill; Obama OKs same-sex benefits for federal workers
- How to Collect Employee Medical Info Under New FMLA Rules