Healthy workers are critical to a productive economy
- If workers were offered seven paid sick days a year, our national economy would experience a net savings of $8.1 billion a year due to increased productivity and reduced turnover.
- Nearly half (48%) of private-sector workers (57 million people) are not able to take a paid sick day when they are ill.
- More than half (56%) of human resources executives say that “presenteeism” is a problem because employees risk infecting others and may lower productivity.
- “Presenteeism” costs our national economy $180 billion annually in lost productivity. For employers, this equates to an average of $255 per employee per year and exceeds the cost of absenteeism and medical and disability benefits.
- The costs of replacing workers, including advertising for, interviewing, and training replacements, are often greater than the costs of paid sick time to retain existing workers. A minimum standard of paid sick days levels the playing field for employers that already provide paid sick days.