Workplace Facts & Cost of Troubled Employees
Psychological problems account for 61% of absences from work each year, as well as 65-85% of employee terminations and 80-90% of industrial accidents.
Up to 68% of all workers will, at some tim, experience workplace problems severe enough to prevent them from coping with day-to-day duties.
Thirty-five percent of employees who had been at a job for less than two years report that they quit because of stress. Stress costs American employers approximately $200 billion a year in absenteeism, lower productivity, rising health and workers compensation costs, and other expenses. Between 75-90% of visits to primary care physicians are related to stress.
Up to 40% of industrial fatalities and 47% of industrial injuries can be linked to alcohol consumption and alcoholism. Alcohol and drug abusers are absent at least 16 times more often than persons who are not involved in drug or alcohol abuse. Even if workers are not absent, they are three times more likely to arrive late.
More Medical Costs
The U.S. Department of Health and Human Services estimates that alcohol and drug abuse cost American businesses $100 billion a year. Workers with alcohol problems generate eight times more medical costs.
Alcohol/drugs on the job
Estimates are that perhaps 17% of workers use alcohol and other drugs on the job. One consequence of this is that every employee who does use alcohol or drugs on the job costs his or her employer between $4,000 and $5,000 per year above payrolls.
Illegal Drug Users
Seventy percent of all current adult illegal drug users are employed.
Nearly 25% of a drug-dependent employee’s salary is lost through increased use of medical benefits, poor attendance, and low productivity.
At any given time, approximately 18% of any work force is affected by personal problems that can affect work performance.
Each employee experiencing job performance problems costs a company or organization, conservatively, 25% of salaries and fringes in absenteeism, tardiness, reduced efficiency, accidents, medical benefits, and judgment errors.
Organizations with 99 or fewer employees have the highest per employee absenteeism cost, at up to $1,044 per year