Absence Rate
Definition
What is Absence Rate?
Absence rate measures time lost to sickness or other unplanned absences. SMEs track it to manage productivity and wellbeing.
Why it Matters for SMEs
- Identifies issues
- Improves planning
- Reduces cost
Example in Practice
"Factorial tracks absence days per employee."
Frequently Asked Questions
Common questions about absence rate
Explore More HR Terms
Continue building your HR knowledge with our comprehensive glossary