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.
Figure 1: Annual cost of lost productivity by major U.S. occupations. According to Absenteeism: The Bottom-Line Killer, a publication of workforce solution company Circadian, unscheduled absenteeism costs roughly $3,600 per year for each hourly worker and $2,650 each year for salaried employees.The costs can be attributed to many factors including:ccording to the survey, the annual costs associated with absenteeism vary by industry, with the greatest loss occurring in professional occupations (excluding nurses, physicians and teachers); the 14 occupations and corresponding costs of lost productivity are shown in Figure 1.