Beauty Store Business

MAY 2019

Beauty Store Business provides solutions for better retailing! New products, industry news, savvy business moves and important trends affecting both brick-and-mortar and online retailers are included in each issue.

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Page 14 of 51 | May 2019 13 Paid Sick Time Pays Employees who work while sick cost businesses 10 times as much as they do when they take a sick day, according to a report from Virgin Pulse, an organization that facilitates more productive workforces among businesses. One of the major causes of employees working while sick is a lack of paid sick days. The U.S. Centers for Disease Control and Prevention estimates that absenteeism costs employers more than $225 billion per year. But Virgin Pulse's research found that presenteeism costs significantly more. Presenteeism is when employees work nonproductively, such as when they're sick. When Virgin Pulse surveyed nearly 2,000 working people from 17 countries, it found that employees on average used about four sick days per year, but their nonproductive work days totaled about 57.7 days per year. Those numbers are all the more staggering when employees show up to work with contagious illnesses, such as the flu, and multiply the number of employees working sick. It should be noted that employees who don't have paid sick days are "1.5 times more likely than those with paid sick days to report going to work with a contagious illness like the flu or a viral infection," as reported by the National Partnership for Women & Families in the fact sheet, "Paid Sick Days Improve Public Health." In reality, sick days are employed for more than physical manifestations of illness. Sometimes employees legitimately need a break or find themselves dealing with mental health challenges. These types of conditions are also bundled into the costs incurred by presenteeism. Studies show, however, that breaks from work benefit employee productivity, and therefore, businesses. As such, there's been a rise in employers that offer extended vacations and other types of time away from work. Not only does it benefit businesses financially to encourage employees to stay home while sick, it improves their overall operations to support, promote and even incentivize efforts that boost their employees' general health and wellness. The Office of Disease Prevention and Health Promotion, a part of the U.S. Department of Health and Human Services, advises employers that employee wellness programs aid in lower health costs, greater productivity, improved overall health, better habits and even, for some businesses, tax incentives. ■ Neustockimages/ Fantasia Industries Corporation | | 800.426.3030 | Available at Fine Beauty Supply Stores & Major Retailers | MADE IN USA @ICFantasia Fantasiahaircare MEET THE JAMAICAN BLACK CASTOR OIL FAMILY! 1285,6+675(1*7+(15(3$,5 With Hemp Oil :LWK7HD7UHH2LO

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