The Cost of Employees’ Poor Health
Every year, chronic illnesses and injuries among the U.S. workforce cost employers billions of dollars due to absences and lost or reduced productivity.
In fact, the total cost to employers is $530 billion.
• The largest portion, $198 billion is due to diminished productivity from unmanaged or poorly managed chronic health conditions.
• Another $178 billion is the cost of wages and benefits for incidental absences due to illness, workers’ compensation and FMLA.
• A smaller portion, $82 billion covers the cost of missed revenues, hiring temporary workers and overtime.
• And the final $73 billion is the cost for workers’ compensation payments and related costs.
Johns Hopkins can help you address these costs. Visit www.Healthy.Works to learn more.
Click here to download the infographic.