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. Accident And Health Benefits

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

    A United States federal program of social insurance and benefits ...
  6. Elimination Period

    The length of time between when an injury or illness begins and ...
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. Passive ETF

    One of two types of exchange-traded funds (ETFs) available for investors. Passive ETFs are index funds that track a specific ...
  2. Walras' Law

    An economics law that suggests that the existence of excess supply in one market must be matched by excess demand in another ...
  3. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will ...
  4. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
Trading Center