Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Find the ratio to compensation. What is the total cost of absenteeism to our company? What is the ratio of absentee cost to annual salaries?

Find the ratio to compensation. What is the total cost of absenteeism to our company? What is the ratio of absentee cost to annual salaries?

Yearly Cost of Absenteeism$480,244
Total Salary$7,766,096
Percentage of Salary6%
Number of working days251
Average Salary Per Day$289.16
Ratio to Compensation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Answer Step 1 iThe cost associated with absenteeism can be grouped as direct ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Information Systems

Authors: Ralph M. Stair, George W. Reynolds

9th edition

978-1337097536, 1337097535, 978-1337515634, 1337515639, 978-0324665284

More Books

Students also viewed these Economics questions

Question

What is the total cost of ownership?

Answered: 1 week ago

Question

What is the total cost of capital for a company?

Answered: 1 week ago