How Employee Engagement Can Reduce Presenteeism and Absenteeism
Presenteeism is the ravenous monster at the lunchroom table gobbling up more productivity, performance, and profits than its hungry cousin, absenteeism.
Loss of workplace productivity results from employee health problems and/or personal issues like family illness or stress. Employees are unable to fully perform their duties and more likely to make mistakes in the work they do complete.
To quantify this in dollars, in 2004 the Harvard Business Review reported the estimated economic impact to cost more than $150 billion per year in the U.S. alone. One can only imagine what that figure is today. Because of presenteeism, a 2016 Insights report by Global Corporate Challenge suggested, on average, employees cost businesses the equivalent of three months per year in lost productivity, a business cost 10 times more than absenteeism.
- Imagine what might result in highly engaged workplaces where employees are encouraged to rest up, take advantage of flex hours or work from home rather than face reprimand for not showing up.
- Consider the loyalty, commitment, genuine engagement likely to ensue in a work environment that imparts a holistic view of its employees; a whole person approach that supports physical, mental and emotional wellbeing for the good of the individual, coworkers, and organizational efficiencies at large.
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About David Ang, MBA, CMRP | Vice President of Engagement & Consulting, TalentMap
A seasoned market research professional and management consultant, David Ang brings over 25 years of consulting experience to help TalentMap’s clients better understand their workforce and improve employee engagement. Over the years, David has worked with a wide range of clients from the private sector to non-profit and government organizations. His extensive research and consulting background with PricewaterhouseCoopers, The Antima Group, and TNS have enriched his abilities in building effective client survey strategies, questionnaire design, focus groups, workshop facilitation, and executive presentations. With David’s ability to turn data into valuable insights, clients can easily understand and utilize survey results to create meaningful change in their workplace.