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.
If you are contemplating signing up for a workplace wellness plan you need not look any further than the average cost of absenteeism for a company with 150 or so employees. A recent survey shows that the average rate of absenteeism on any given day is about 2.5% or 4 employees for every 150 employees.