Absenteeism & Turnover: Impact on Businesses & Solutions

Absenteeism refers to the habit of regularly not showing up for work or school without a valid reason, while turnover refers to the rate at which employees leave a company and are replaced by new ones. Both absenteeism and turnover can have negative effects on a company's productivity, morale, and bottom line. High absenteeism rates can result in understaffing, decreased productivity, and increased costs for the employer, while high turnover rates can lead to a loss of valuable talent, decreased morale, and increased recruitment and training costs.