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  • The overall cost of a presenteeism episode (Y), measured as a percentage of the affected worker’s wage, is less than the percentage reduction in that worker’s effective hours (X). Therefore, rescale Y in two ways: by setting each manager’s Y value equal to X if reported Y is less than X; and by adding the 90th percentile value of (X-Y) to Y.

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  • Valuation of Lost Productivity (VOLP) Wei Zhang Centre for Health Evaluation & Outcome Sciences SPPH, University of British Columbia
  • Labour input loss due to health
    • Absenteeism
      • Absent workdays due to health
    • Presenteeism
      • Reduced labour input (time) while working due to health
    • Employment status change
      • Reduced routine work hours due to health
      • Unemployed (job loss) due to health
      • Early retirement due to health
  • The corresponding output loss
    • Team production
    • Availability of substitute
    • Compensation mechanism
    • Time sensitivity
  • Team production
  • Team production
  • Availability of substitute
  • Availability of substitute
  • Compensation mechanism
  • Compensation mechanism
  • Time sensitivity
  • Absenteeism Multipliers
  • Presenteeism Multipliers
  • Productivity loss in the past 3 months ( £)
  • Discussion
    • Objective measures of labour input and output
      • Different industry types
      • Different occupations
    • Perspectives for valuation
      • Society
      • Firm
      • Patient