Absenteeism costs U.S. business $84 billion a year, report says
Employee absenteeism due to poor health costs U.S. businesses an estimated $84 billion a year in lost productivity, according to a new study.
The annual cost ranges from $24.2 billion in professional fields to $160 million among agricultural workers, according to a Gallup poll.
The study was based on more than 94,000 interviews conducted through much of last year with adults who work more than 30 hours a week.
Quiz: How much do you know about Internet sales taxes?
Of 14 broad occupations that were analyzed, 77% of employees were either overweight or had at least one chronic medical condition, according to the study.
Those respondents reported “about one extra unhealthy day and close to one-third of a day more of missed work each month†compared with their healthy co-workers, the study said.
Overall, absenteeism costs companies an estimated $341 a day, it said.
The study didn’t analyze one seemingly important question: Is it really companies that lose in these situations, or is it the rest of us who simply have to do more work?
ALSO:
Debt problems grow worse for college students
Report: How to make student loans easier and cheaper
Student loan debt is biggest concern among the college-bound
Twitter/@LATwalter
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.