Consistent with previous studies [ 7, 18], the research team summed lost absenteeism work hours due to depression (hereafter referred to as absenteeism hours) and lost presenteeism work hours due to depression (hereafter referred to as presenteeism hours) over one year.
Statistical tests using the SDS showed a significant reduction in the number of days lost (absenteeism) (Wald Chi-Square =10.31, P = <.05) and in the number of days underproductive (presenteeism) from pre-treatment to post-treatment (Wald Chi-Square =12.33, P =.001).
ADDICTION costs corporate America billions of dollars a year in lost productivity, absenteeism and higher health care expenses.
Poor mental health is costing the UK economy £105bn per year, including £8bn per year in sickness absence, and a further £15bn in lost productivity absenteeism (where people are at work, but under-performing due to mental health issues).
The British government reckons that £10 billion ($14 billion) a year is lost through absenteeism, with every employee taking on average nearly four days a year off (without even being sick).
Presenteeism amongst health professionals may account for 1.5 times more working time lost than absenteeism [ 48].
This was calculated using the human capital method, which considers the value of days lost to absenteeism, equal to the value of lost productivity.
The mean cost of productivity lost to absenteeism was estimated to be €5,334.72 (SD = €11,980.95) per employed patient per year, and €2,403.92 (SD = €8,442.89) PPPY (mean of the total study group).
Based on the US Medical Expenditure Panel Survey, associated insurer and out of pocket healthcare costs account for more than $185 billion per year with another $10 billion lost from absenteeism at work [ 3, 4].
An Alzheimer's Association report estimates that Alzheimer's disease costs American businesses more than $US61 billion a year, of which $US24.6 billion covers Alzheimer's disease healthcare and $US36.5 billion covers costs related to caregivers, including lost productivity, absenteeism, and worker replacement (Koppel 2002).
Lost production can be due to individuals' time lost to work (absenteeism), as well as their time at work with reduced productivity because of ill health (presenteeism).
