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Question
Use the formula given in the Math Minute to compute the rate of absenteeism and annual cost of absenteeism based on these facts:
• Number of employees: 45
• Number of 8-hour shifts: 3
• Number of workdays in an average month: 22
• Work hours lost during an average month: 624
• Average hourly wage: $8
Solution
VerifiedAnswered 2 years ago
Answered 2 years ago
Step 1
1 of 7In this exercise, we are asked to compute the absenteeism rate and absenteeism's annual cost.
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