During this unit, we have focused on the financial costs of employee absenteeism and employee separations. From a financial perspective, these are the financial burdens for the HR department and the entire organization. For this assignment, you will choose a company/industry that you are familiar with in order to calculate the costs of absenteeism and separation. Conduct your own research for the average costs of the different criteria in the online calculator (link provided below).
Using the research you completed and the calculator, you will complete the following:
1. Using an online calculator, you will calculate the costs of absenteeism and separation based on the costs that you researched for your chosen company/industry.
2. Based on the results of the calculations from Step 1 of the assignment, interpret the results and what these results mean for the company in terms of the absenteeism and separation costs
3. Formulate a plan for controlling absenteeism and separation costs based on the assigned reading for this unit. This plan should be specific to the organization that you have chosen.
4. Analyze how voluntary versus involuntary turnover impacts the company and the costs associated with the turnover. The paper is to be a minimum of three pages in length, not counting the title page, references page, tables, or appendices. Adhere to APA Style when constructing this assignment, including in-text citations and references for all sources that are used.
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