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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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