What can be a consequence of high absenteeism for a company?

High absenteeism can lead to higher operational costs for a company for several reasons. When employees are frequently absent, it can disrupt workflow, reduce productivity, and place an additional burden on other employees who need to cover for their absent colleagues. This often requires companies to incur expenses related to overtime pay or hiring temporary workers to fill the gaps. Additionally, there may be costs associated with decreased morale and potential loss of business due to diminished output.

Furthermore, managing absenteeism can require additional resources in terms of management time spent addressing attendance issues and maintaining operational effectiveness. Thus, the financial impact of high absenteeism can significantly affect a company's overall performance and profitability.