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.
Total work hours lost to employee absenteeism for the month: 124 2. Average wage/salary per hour per employee: $10.00 3. Cost of employee benefits per hour per employee ($10.00 x .30): $3.00 4. Total compensation lost per hour per absent employee a. If employee absences are paid ($10.00 + $3.00): $13.00 b.otal compensation lost to absent employees (124 x $13.00): $1,612 (paid sick leave) 6. All other costs incidental to absenteeism not included in the above items (for the purposes of illustration only, this is a random number): $2,500 7.