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Opinions and views from expert CFOZone members.

Tag >> attendance
Mar 18
2010

Bad economy improves worker attendance, turnover and punctuality

Posted by MQuinn in workersturnoverhuman resourcesemployeesCareers/Managementattendance

MQuinn

Two separate surveys released on Wednesday proved one thing: Workers were TERRIFIED of losing their jobs last year.

In fact, they were so scared that the rate of employee absences in 2009 was the lowest recorded since 1985, the year legal and business publisher BNA began its quarterly survey of employers. The median absence rate in 2009 averaged 0.7 percent, falling beneath the 2008 low of 0.9 percent of scheduled worker days per month. Absence rates have declined consistently since 2005, when they averaged 1.5 percent of scheduled worker days. The survey of 267 human resource and employee relations executives also showed that absences tended to be lower in smaller than in larger organizations.



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