Absenteeism

AAA

DEFINITION of 'Absenteeism'

The habitual non-presence of an employee at his or her job. Possible causes of absenteeism include job dissatisfaction, ongoing personal issues and chronic medical problems. Regardless of cause, a worker with a pattern of being absent may put his reputation and his employed status at risk. However, some forms of absence from work are legally protected and cannot be grounds for termination.

INVESTOPEDIA EXPLAINS 'Absenteeism'

Companies expect their employees to miss some work each year due to vacation, illness and personal issues/responsibilities, but missing work becomes a problem for the company when the employee is absent repeatedly and/or unexpectedly, especially if that employee must be paid while absent. While disability leave, performance of jury duty and the observance of religious holidays are all legally protected reasons for an employee to miss work, some employees abuse these laws to take time off that they shouldn't, which incurs unfair costs to the employer.

RELATED TERMS
  1. Presenteeism

    A loss of workplace productivity resulting from employee health ...
  2. Family And Medical Leave Act - ...

    The Family and Medical Leave Act (FMLA) was signed into law on ...
  3. Workers' Compensation

    A state-sponsored system that pays monetary benefits to workers ...
  4. Elimination Period

    The length of time between when an injury or illness begins and ...
  5. Disability-Income (DI) Insurance

    An insurance product that provides supplementary income in the ...
  6. Catastrophic Illness Insurance

    A type of insurance that protects the insured, in the event of ...
Related Articles
  1. The Causes And Costs Of Absenteeism ...
    Personal Finance

    The Causes And Costs Of Absenteeism ...

  2. The Disability Insurance Policy: Now ...
    Options & Futures

    The Disability Insurance Policy: Now ...

  3. Starbucks As An Example Of The Value ...
    Investing News

    Starbucks As An Example Of The Value ...

  4. How Mergers and Acquisitions Can Affect ...
    Investing Basics

    How Mergers and Acquisitions Can Affect ...

Hot Definitions
  1. Halloween Strategy

    An investment technique in which an investor sells stocks before May 1 and refrains from reinvesting in the stock market ...
  2. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  3. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  4. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  5. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  6. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
Trading Center