Explore BrainMass
Share

Explore BrainMass

    Impact of Absenteeism on a Company

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Re: Absenteeism

    I have an upcoming board meeting at which I must provide an analysis of absenteeism costs to our company. Based on the information below, please provide me with a detailed memo that addresses the following:
    • An overview of absenteeism and why it is important to understand
    • A quantitative analysis of absenteeism in our company
    • Presumed benefits of lowering absenteeism

    In our company of 425 employees, there is an absenteeism rate of 10% for hourly employees (n=355) and 7% for salaried employees. In addition to two weeks off for vacation, employees are permitted seven paid sick days per year. Additional sick time is deemed unpaid leave. When absent, hourly employees must be replaced with replacement employees at a rate of 140% of the hourly rate.
    The average salary is $17/hour for hourly employees and $32 per hour (based on a 40 hour work week) for salaried employees. Benefits average 32% and 37% of the hourly rate for hourly and salaried employees, respectively.
    -it should be written as a memo addresses to "Dr. Doe"
    --hourly employees are being replace, but not salary employees
    -determine the number of employees absent in hourly and salary
    -calculate replacement costs
    -determine costs and benefits

    © BrainMass Inc. brainmass.com October 10, 2019, 8:13 am ad1c9bdddf
    https://brainmass.com/business/feasibility-studies/impact-absenteeism-company-613760

    Attachments

    Solution Preview

    Re: Absenteeism

    I have an upcoming board meeting at which I must provide an analysis of absenteeism costs to our company. Based on the information below, please provide me with a detailed memo that addresses the following:
    • An overview of absenteeism and why it is important to understand
    • A quantitative analysis of absenteeism in our company
    • Presumed benefits of lowering absenteeism

    In our company of 425 employees, there is an absenteeism rate of 10% for hourly employees (n=355) and 7% for salaried employees. In addition to two weeks off for vacation, employees are permitted seven paid sick days per year. Additional sick time is deemed unpaid leave. When absent, hourly employees must be replaced with replacement employees at a rate of 140% of the hourly rate.
    The average salary is $17/hour for hourly employees and $32 per hour (based on a 40 hour work week) for salaried employees. Benefits average 32% and 37% of the hourly rate for hourly and salaried employees, respectively.
    -it should be written as a memo addresses to "Dr. Doe"
    --hourly employees are being replace, but not salary employees
    -determine the number of employees absent in hourly and ...

    Solution Summary

    Absenteeism is a big concern within organizations. You have to not only know that absenteeism is a problem, but you need to perform an analysis with data to support this fact. Especially, when you have 10% of hourly employees and 7% of salaried employees absent on a daily basis. The absent hourly employees have to be replaced to keep the business running. The absent salaried employee's duties have to be shared between the staff at work.

    $2.19