Absenteeism

Absence Rate
The absence rate measures the frequency of employees failing to report to work when they are scheduled. Rates above 5 percent are typically considered high, indicating potential issues within the workforce or workplace environment.
Wellness Programs
Employee-centered programs featuring proactive personal fitness initiatives, including physical examinations, substance abuse and group counseling, and individualized diet and exercise programs. Wellness programs have proven effective in enhancing employee productivity while reducing absenteeism and healthcare costs.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.