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.
According to the Met Life Caregiver Cost Study, businesses regardless of size or classification face the same relative costs: $2,110-$2,441 per caregiving employee. This translates into an estimated cost of $33 billion annually in workplace errors, absenteeism, tardiness and increased supervisory costs.