How to Calculate Monthly Absenteeism Rate: A Simple Formula
Learn how to calculate the absenteeism rate for a month with our simple formula and example.
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Absenteeism for a month can be calculated using the formula: (Number of absences in the month / Total workdays in the month) 100. This gives you the absenteeism rate as a percentage. For instance, if an employee is absent 3 days in a month with 20 workdays, the absenteeism rate is (3/20) 100 = 15%.
FAQs & Answers
- What is absenteeism? Absenteeism refers to the habitual non-presence of an employee at their job, often measured as a percentage of total workdays.
- Why is tracking absenteeism important? Tracking absenteeism helps organizations identify patterns, assess employee engagement, and improve overall workforce productivity.
- What factors can influence absenteeism rates? Factors include employee satisfaction, health issues, workplace environment, and personal circumstances.
- How can companies reduce absenteeism? Companies can reduce absenteeism through better engagement, offering flexible work schedules, and promoting a healthy work-life balance.