The formula to calculate the absence rate (ABR) is:
\[ ABR = \frac{DM}{TD} \times 100 \]
Where:
Let's say the number of days missed (\( DM \)) is 5 and the number of possible days to be attended (\( TD \)) is 200. Using the formula:
\[ ABR = \frac{5}{200} \times 100 \]
We get:
\[ ABR = 0.025 \times 100 = 2.5 \]
So, the absence rate (\( ABR \)) is 2.5%.
The absence rate is a measure of the percentage of days missed out of the total possible days to be attended. It is often used in educational and workplace settings to track attendance and identify patterns of absenteeism. A lower absence rate indicates better attendance, while a higher absence rate may signal issues that need to be addressed.
Definition: The absence rate measures the percentage of work time lost due to employee absences.
Formula: \( \text{Absence Rate} = \frac{\text{Total Absences}}{\text{Total Work Time}} \times 100 \)
Example: \( \text{Absence Rate} = \frac{50}{2000} \times 100 \)
Definition: The absenteeism rate is a measure of the frequency and duration of employee absences.
Formula: \( \text{Absenteeism Rate} = \frac{\text{Number of Absences}}{\text{Number of Employees}} \times 100 \)
Example: \( \text{Absenteeism Rate} = \frac{30}{150} \times 100 \)
Definition: The cost of absence measures the financial impact of employee absences on an organization.
Formula: \( \text{Cost of Absence} = \text{Absence Rate} \times \text{Average Salary} \times \text{Total Employees} \)
Example: \( \text{Cost of Absence} = 0.05 \times 50000 \times 100 \)
Definition: The rate of absenteeism measures the proportion of total work time lost due to absences.
Formula: \( \text{Rate of Absenteeism} = \frac{\text{Total Absences}}{\text{Total Work Time}} \times 100 \)
Example: \( \text{Rate of Absenteeism} = \frac{40}{1600} \times 100 \)
