Use the formula given in the Math Minute to compute the rate of absenteeism and annual cost

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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

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Managing Your Personal Finances

ISBN: 9781305076815

7th Edition

Authors: Joan S. Ryan, Christie Ryan

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Question Posted: Jun 12, 2024 10:05 AM

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Use the formula given in the Math Minute to compute the rate of absenteeism and annual cost

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Managing Your Personal Finances

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