Health Pays

Kelly | Compensation and Benefits | Thursday, January 24th, 2008

Health Pays

(The following was published in Northwest Business Monthly Magazine, December 2006)

Is your business scrambling to cover lost productivity while your employees are absent due to health issues?   Productivity losses due to employee illness have been well and frequently documented.  Now several studies have confirmed and revealed the breadth of the problem.  According to Partnership for Prevention, a member organization of businesses, nonprofits, and government agencies which advances policies and practices to prevent disease and improve health, these studies show that the indirect costs (absenteeism, etc) of poor health can be two to three times the direct medical costs.  And, productivity losses due to personal and family health problems cost U.S. employers $1,685 per employee per year, or $225.8 billion annually.  As an employer, how much did you lose? 

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