# What is Absence Rate?

Absence rate measures time lost to sickness or other unplanned absences. SMEs track it to manage productivity and wellbeing.

Source: https://faqtic.co/glossary/absence-rate

## Why it Matters for SMEs

- Identifies issues
- Improves planning
- Reduces cost

## Example in Practice

Factorial tracks absence days per employee.

## Frequently Asked Questions

### How to calculate?

(Total absence ÷ Total days) × 100.

### Why track?

To manage productivity and compliance.

### Can tools calculate it?

Yes, HR dashboards.

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Canonical HTML: https://faqtic.co/glossary/absence-rate