`I Won't Be In Today...'

The bad news: Small-business employee absenteeism rose in 1998. The good news: The cost to small firms rose only 3%--far less than for larger ones. In its annual survey on absenteeism, CCH Inc. found unscheduled absences at companies of less than 100 employees up 14% in 1998, vs. 16% in 1997. Family issues, stress, personal illness, and personal needs each cause about 20% of absences. Predictably, stress is a bigger problem for small-business owners than for large employers.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.