article thumbnail

The Cost of Employee Absenteeism

Great Leadership By Dan

The reasons employees may be absent from work are varied and many but the bottom line is, absenteeism has a larger cost associated with it than many people realize. In the United States on a yearly basis, absenteeism costs companies just under $3000 per salaried employee, while the cost is just under $4000 per hourly paid worker.

article thumbnail

Navigating Recession: How To Retain Top Performers

HR Digest

Show Appreciation The Society for Human Resource Management found that companies that show appreciation for their employees’ work have a 70% higher likelihood of retaining them. The Harvard Business Review highlighted that organizations investing in employee wellness witness higher productivity and reduced absenteeism rates.

How To 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Three Strategies to Encourage Good Mental Health in the Workplace

Leading Blog

There are also stressful personal events in our lives that add to the swinging emotional pendulum, like the death of a loved one, the end of a relationship or the loss of a job. This emotional flexibility helps us cope with life’s disappointments and setbacks, such as death, familial conflict or other stressful situations.

Strategy 230
article thumbnail

HR Files: Addressing Absenteeism and Boosting Workplace Productivity

HR Digest

Absenteeism in the workplace can have a significant impact on productivity and the overall performance of the organization. As a result, many companies rely on their Human Resources (HR) department to address absenteeism effectively. There is no single solution to absenteeism that can be expected to work every time.

article thumbnail

How To Create A Positive Culture In The Workplace

Strategy Driven

A study by the American Psychological Association shows that about USD$550 million are lost each year due to employee’s workplace stress. Workplace stress has been linked to several health problems like cardiovascular diseases and metabolic syndromes. It Eliminates The Culture Of Fear.

article thumbnail

Gauging an Employee’s Emotional Well-Being in a Virtual World: Warning Signs and Ways to Help

Great Leadership By Dan

Absenteeism: A person experiencing emotional trauma rarely wants to expose their psychological state to others. Now that we have an idea of what grief and emotional stress looks like virtually, how should leaders adapt? When the cause of their distress gets overwhelming, the person begins to question why things like work even matter.

article thumbnail

Transitioning From Employee Well-being To Healthy Organization

HR Digest

It’s your duty as an employer or human resource manager to consider what factors could bring this goal to light. This, in turn, can lead to reduced absenteeism and improved productivity. Promoting healthy lifestyle habits might also include offering resources for stress management and offering mental health business imperatives.