White Paper
How Recognition Reduces Absenteeism (And Improves Your Bottom Line)
Unscheduled absenteeism costs companies significantly in lost productivity and revenue. On average, employees miss five unplanned workdays annually, with absenteeism due to mental health alone costing $47.6B in the U.S. every year. However, employee recognition can reduce absenteeism by 22%, cutting missed days to fewer than four per employee annually. For a company of 10,000 employees, this could save over $3M. Recognition fosters engagement and a positive work culture, making employees feel valued, connected, and motivated. This reduces absenteeism, boosts productivity, and improves overall business outcomes.