strait definition: The definition of a strait is a difficulty or a hard situation. (noun) An example of a strait is a poor family being in âdire straits.â...
1. The cost of presenteeism has now surpassed the cost of absenteeism. Presenteeism, which refers to sick employees who come to work instead of staying at home, now surpasses $180 billion annually.Absenteeism, where the employee does not report to work, costs $118 billion annually and medical expenses and lost productivity.Employee illness can be grouped into five different categories.bsenteeism, where the employee does not report to work, costs $118 billion annually and medical expenses and lost productivity. Employee illness can be grouped into five different categories.
Dundon estimated absenteeism was costing Australian business up to $30 billion per year, or $385 per day per employee. An acceptable level of absenteeism is an average 6.5 days of sick leave per year, he says. The Australian average is 9.4 days a year (five days for corporate staff), compared with seven days in the UK.