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.
1 The direct costs of medical office visits, diagnostic studies, and therapeutic services. 2  Indirect costs are both long-and short-term and include decrease in productivity, absenteeism, and premature death. 3  Estimates for both direct and indirect costs for 2008 were $147 billion.