By Evan Falchuk
Did you know that for every dollar spent on a sick employee’s health care, there is up to another $20 in lost productivity? That’s what a team of researchers found in a major study published this month.
Sick employees are distracted, and not as productive as they could be. Lost productivity is a hidden cost that doesn’t go away, even when the government pays for health care.
But do we need a study to tell us this? Doesn’t everyone know that a sick person isn’t as productive as a healthy one?
It’s not as well understood as you might think. In our employer survey only 5% of employers rated productivity as their top priority for health care, and only a quarter put it in their top 3. The data say employers need to rethink those priorities.
Love ur posts. Short and pithy. I’ve subscribed. And yes, we don’t need studies to confirm what’s obvious
Thanks, Dr. V. I’m a subscriber of yours, too, and a follower on twitter, natch.
I’m glad you enjoy the posts. I’ll try to keep them good!
Evan