While job absenteeism rose slightly in the first quarter of 2012, absenteeism is still below prerecession levels recorded before the recession, according to Bloomberg BNA's Job Absence & Turnover Report, a quarterly employer survey.
The survey finds that median rates of unscheduled absences hit an average of 0.7 percent of scheduled worker days during the first three months of 2012, representing a slight increase from 0.6 percent in both the previous quarter and the first quarter of 2011. The first-quarter average is much lower than prerecession levels when it was 1.5 percent during the first three months of 2006.
Job absenteeism over the first quarter was not consistent across industry, work force size or regional classifications, the survey finds. Considering this lack of consistency and the lower absenteeism rates, Bloomberg maintains that it appears to be too early to declare any major resurgence in job absenteeism.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
