GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How do you calculate the absenteeism rate over 1 year of an organization
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Total hours missed in a year by employee divided by total hourse worked in the year by employee
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Total hours missed year divided by total hours worked in the year
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Total hours missed in a year by employee multiplied by total hourse worked in the year by employee
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Total hours missed year multiplied by total hours worked in the year
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Explanation:
Detailed explanation-1: -Absenteeism in the workplace is most commonly measured using an absenteeism rate. This rate is the number of absent days divided by the number of available workdays in a given period.
Detailed explanation-2: -Here’s the formula for Engaged Employee Absenteeism Costs: (Avg Revenue Per Employee x Avg Sick Days) + (Avg Salary x Avg Sick Days)
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