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How do you calculate a lost day rate for employees?

Anonymous

∙ 9y ago

Updated: 12/8/2022

In my knowledge,

(Number of injuries and illnesses X 200,000) / Employee hours worked = Incidence rate

Wiki User

∙ 8y ago

What else can I help you with?

Related Questions

How do you calculate absence rate?

Two schools of thought on this: No. 1: % of workforce absent at any given time i.e. (Number of absent employees/total workforce headcount) x 100. No. 2: Periodic Absence rate: (Working time lost/Working time available) x 100 i.e. If you have 10 employees who work a standard 8 hours a day, 9 to 5, 40 hour week and 3 of them are absent over the course of a week, then the absence rate for that week would be 6%, as in (3 [Working days lost]/50 [Working days available, 10 x 5]) x 100 = 6%. You could break it down further into hours also. Answer done by Jimbob.

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The formula to calculate a day rate is typically: Day Rate = Annual Salary / Number of Workdays in a Year. To determine the number of workdays, you can subtract weekends and holidays from the total days in a year. For example, if you assume 260 workdays in a year, you would divide the annual salary by 260 to find the day rate. Adjust the number of workdays based on your specific working conditions.

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