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A new report by Randstad reveals that unjustified absenteeism from work is down by 90% because people are concerned about losing their jobs in times of economic crisis, La Vanguardia reports.
Randstad Spain Managing Director, Oscar Gutierrez, said in a statement "absenteeism has come down to an absolute minimum over the last year and now only concerns people who are genuinely ill or had accidents at work."
"The typical perpetrator of absenteeism is a young man below the age of 30 with a low level of qualification but these people are suffering hugely from the yoke of unemployment and this fear explains the drastic reduction in absenteeism from work."
Randstad estimates that Spanish companies lose more than 60 working hours per worker per year, the cost of which could easily exceed 2 billion Euro to the Spanish economy.
The problem of absenteeism rises statistically with the size of a company because larger organisations have less control over the individual employee on a daily basis.