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I very much hope so... Think of it this way if the fat companies don't look after their investments then the tax payer (me and you) will have to look after them. That means more tax for us and richer pickings for the greedy businesses. Personally I think companies should be given more of the burden and not the individuals. However, it is all swings and roundabouts as there is only a finite pot in total.
My employers rules were that you could go to appointments during working hours but you had to either take a half day leave or make up the time. There was also a three strikes rule re sickness absence. If you were off more that 3 times in a (rolling) year then you were hauled up in front of your manager and HR and basically given an improvement notice (i.e. no sickness for 6 months) The 3 strikes rule applied if you were off for a week at a time or 3 one day absenses. This led to situations on the call centre where people were so terrified of having a day off that when gastric flu was going round people would come in and throw up in their wastebins by their desk. As the next shift used the same desks you can see why it went round like wild fire. I just thank whoever that I don't have to deal with them any more.