Unscheduled Absences Still A Problem
Employee absenteeism is still a problem for employers. The new 1999 CCH Unscheduled Absence Survey reports that after increasing by a whopping 26 percent in 1998; 1999’s numbers show a 7 percent decline in unscheduled absences.
Employees have many reasons for missing work. Stress continues to be a significant factor for employees not showing up to work. Since 1995, stress-related absences have increased by 316 percent. Personal illness dropped to a record low 21 percent in 1999, down from 45 percent in 1995. Family issues account for 21 percent of last-minute absences this year.
The cost of absenteeism is high. It can average as much as $602 per employee, per year. Some larger companies estimate the price tag to be as high at $3.4 million annually.
Companies responding to the survey say that Paid Time Off (PTO) programs are the most effective way to deal with unscheduled absences; however, only 27 percent of respondents have this type of program. Employers use Disciplinary Action 77 percent of the time to control absences.
The survey is available today in the CCH Human Resources Management Ideas & Trends newsletter. Get a copy of the survey by calling 800.435.8878. Ask for offer number 06280001. Survey price is $29.95 + shipping and handling.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.