People Analytics applied: Absenteeism
During the interactive and hands-on People Analytics Applied masterclasses, participants learn how to apply people analytics in practice. The focus lies on calculating and interpreting metrics as well as analytics. Theory is put into practice immediately. Besides practicing with pre-prepared case-studies, participants can also bring along the data from their own organization.
Topics addressed during the masterclass on absenteeism:
Absenteeism indicators such as absence rate, number of lost workdays per employee, Bradford factor (relation between frequency and duration of absenteeism), average absenteeism duration, absence frequency rate, overtime rate, overtime frequency rate and overtime expressed as percentage of labour cost
Cost of payments for non-work time of absentees, cost of managing absenteeism problems, cost of time of replacement workers, cost of reduced work quality, cost of reduced work quantity, lost to managing absenteeism problems, costs of substitute employees, total costs of absenteeism, total cost of absenteeism per employee.