Presenteeism

AAA

DEFINITION of 'Presenteeism'

A loss of workplace productivity resulting from employee health problems and/or personal issues. Even though the employee is physically present at work, because they are experiencing problems such as arthritis, allergies, family illness or stress, they are unable to fully perform their work duties and are more likely to make mistakes in the work they do perform.

INVESTOPEDIA EXPLAINS 'Presenteeism'

Like absenteeism, presenteeism costs employers money. Presenteeism can even be more costly than absenteeism because the unproductive employee may detract from coworkers' performance as well. In the case of a physically sick employee who shows up to work, the cost of that employee's illness is likely to spread to other workers. Companies must account for the loss of productivity from presenteeism in addition to lost time from sick days, vacation days and other forms of employee absence.

RELATED TERMS
  1. Absenteeism

    The habitual non-presence of an employee at his or her job. Possible ...
  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. Leave-Sharing Plan

    A plan that allows employees to donate unused sick-leave time ...
  5. Accident And Health Benefits

    Fringe benefits provided to employees for sickness, accidental ...
  6. Social Security

    A United States federal program of social insurance and benefits ...
Related Articles
  1. 5 Insurance Policies Everyone Should ...
    Home & Auto

    5 Insurance Policies Everyone Should ...

  2. Selecting The Right Mix Of Insurance ...
    Home & Auto

    Selecting The Right Mix Of Insurance ...

  3. Human Capital: The Most Overlooked Asset ...
    Investing Basics

    Human Capital: The Most Overlooked Asset ...

  4. Choosing The Best Disability Insurance ...
    Options & Futures

    Choosing The Best Disability Insurance ...

comments powered by Disqus
Hot Definitions
  1. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  2. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  3. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  4. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  5. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  6. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
Trading Center