Presenteeism Hurts Twice than Absenteeism?

According to New York times article, presenteeism hurts more than absenteeism does. The research was based on Journal of Occupational and Environmental Medicine that was published stating it decreases employee productivity by 60%, worst case it might infect and affect others.

But employment researchers, and employers themselves, are increasingly acknowledging that having sick employees stumble in to work and slog through the day - a phenomenon they call "presenteeism'' - is not just painful for the employees, but can also hurt the company, because ailing workers are unlikely to perform at their normal level and they may also infect others.

May this be true or not, gone maybe the days were when you are sick you would still report to work just to show to your boss how hard you work. Entrepreneurs or at least bosses right now already knows that instead of spending a day fulls pay while giving only 40 or 60% of yours (because of ailment) may not be a good idea. Any alternatives, might work like working at home communicating through email or any messenger device.
The challenge question right now, absentteism or presenteeism? Please comment.