Unscheduled absenteeism takes a toll on companies' payroll
The most recent CCH Unscheduled Absence Survey has found that large-sized companies can lose as much as $765,000 in direct payroll costs as a result of unscheduled employee absenteeism every year, the Northwest Indiana Times reports.
The unscheduled absence rate was found to be 2.3 percent, which means that for every 100 hours of paid productive time, companies are paying for 2.3 hours for unproductive time due to an unscheduled absence.
Reasons other than personal illness were cited in two-thirds of instances involving workers taking unplanned days off - the main ones being family issues (22 percent), personal requirements (18 percent) and stress (13 percent), according to the source. Additionally, low employee morale was found to be a significant factor in decreasing employee attendance rates. A total of 21 percent of companies with good or very good morale reported that absenteeism is a serious problem for them, a rate that more than doubles to 44 percent among employers whose workers have poor or fair morale.
Paid leave banks, which eliminate the differentiation between sick, vacation and personal time, have been found to be a useful way of controlling unscheduled absenteeism. A total of 69 percent of employers use this method, according to the study.
The unscheduled absence rate was found to be 2.3 percent, which means that for every 100 hours of paid productive time, companies are paying for 2.3 hours for unproductive time due to an unscheduled absence.
Reasons other than personal illness were cited in two-thirds of instances involving workers taking unplanned days off - the main ones being family issues (22 percent), personal requirements (18 percent) and stress (13 percent), according to the source. Additionally, low employee morale was found to be a significant factor in decreasing employee attendance rates. A total of 21 percent of companies with good or very good morale reported that absenteeism is a serious problem for them, a rate that more than doubles to 44 percent among employers whose workers have poor or fair morale.
Paid leave banks, which eliminate the differentiation between sick, vacation and personal time, have been found to be a useful way of controlling unscheduled absenteeism. A total of 69 percent of employers use this method, according to the study.
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