EMPLOYEE ABSENTEEISM -AN EXPLORATORY FACTOR ANALYSIS
EMPLOYEE ABSENTEEISM -AN EXPLORATORY FACTOR ANALYSIS

Summary/Abstract: Employees absent themselves from work due to a variety of factors which include personal, family and health problems, social and family obligations and work related issues like stress, relationship with co-workers and the superiors. Another important reason for absence is the sheer entitlement for leave as per organizational policy. Absenteeism, whether scheduled or unscheduled, causes productivity loss and hurts the general morale of the work place, resulting in the increase of operating expenses. It may be difficult to straight away find a cure for solving the issue of absenteeism, but the key is in identifying the nature and relationship that exists among the various factors causing absenteeism and to take a holistic approach to the problem. This article analyses the factors affecting absenteeism based on a survey conducted with the help of a structured questionnaire containing 13 variables related to the absenteeism of the employee. Data relating to 198 employees working in a manufacturing plant in Chennai, India was analyzed. A theoretical exploratory factor analysis model was built using the three factors identified by the Factor Analysis. Based on the feedback revealed by the modification indices, a revised model has been designed and tested for model fit.

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