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Absenteeism rate

April 25, 2024

The article emphasizes the importance of measuring and managing absenteeism rates for Environmental, Social, and Governance (ESG) profiles. It explains that absenteeism can impact operational efficiency and reputation. The formula for calculating absenteeism rate is provided, and its correlation with employee well-being and productivity is discussed. The article highlights the significance of accurate data interpretation and industry benchmarks when completing ESG questionnaires. Strategies to improve absenteeism rates are suggested, including addressing root causes, implementing flexible working arrangements, and transparent reporting. Overall, the article emphasizes the value of accurate tracking, analysis, and reporting of absenteeism rates for organizational well-being and ESG commitment.
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