Calculating Monthly Absence Rate: A Simple Guide
Learn how to easily calculate the monthly absence rate for effective workforce management.
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To calculate the monthly absence rate, use the following formula: (Total Number of Absences / Total Number of Scheduled Workdays) x 100. This gives you the percentage of days absent out of the total scheduled workdays for the month, allowing for straightforward absence tracking and management.
FAQs & Answers
- What is the absence rate? The absence rate is the percentage of scheduled workdays that employees are absent within a specific timeframe.
- Why is tracking the absence rate important? Tracking the absence rate helps organizations identify trends, improve employee engagement, and manage workforce productivity effectively.
- How can I reduce the absence rate in my company? To reduce the absence rate, implement employee wellness programs, enhance workplace communication, and provide incentives for attendance.