August 17, 2017

Mandatory Time Off Benefits Employers

calling in sick to work

There has been a lot of uproar these days about Federal and State politicians putting into law obligatory paid time off for sick employees. However despite the whining from politicians, the data has shown that paid sick leave doesn’t cost businesses money. In fact, businesses governed by new regulations are actually making higher profits than before these regulations were put into place. Three cases of wellness leave laws were studied ranging by what was covered. For instance, in San Francisco where local law requires broadly defined paid sick days, the metro area saw an increase in new hiring. During the period between 2006 and 2010, the city saw a 3.5 percent growth rate in new jobs while neighboring counties lacking the new laws saw employment drop by three point four percent. In spite of fear-based predictions the number of new start-ups in the city actually expanded by 1.64 percent while falling more than .5 percent in the neighboring cities. This growth was with both large and local enterprises with extensive growth experienced by the food service and retail verticals which were actually affected the greatest by the new legislation. If you’re a person into legal news, then you should enjoy the posts http://harrellandharrell.com. To discover more on this Rochester Business Journal report, click to their site.

It’s really very simple, productivity and profitability both decline when employees are pushed to go to work when they need to be home resting. It’s been estimated that companies usually lose over double the profits when employees come in sick than on days where they stay home. Because of these and other studies, the U.S. Congress is considering updating the Family Medical Leave Act to include compulsory paid sick days.

How does “sick pay” compare to “paid time off”? Well according to Wikipedia “sick leave” is “time off from work that workers can use during periods of temporary illness to stay home and address their health and safety needs without losing pay. Some workplaces offer paid sick time as a matter of workplace policy, and in few jurisdictions it is codified into law. Currently, states around the United States are considering legislation that would require access to paid sick days for workers.” Whereas “PTO” (or Paid Time Off) is “a policy in some employee handbooks that provides a bank of hours in which the employer pools sick days, vacation days, and personal days that allows employees to use as the need or desire arises. Generally PTO hours cover everything from planned vacations to sick days, and are becoming more prevalent in the field of human resource management.” No matter how you slice it, it boils down to just being good business to remember that your employees are people that have lives with the same problems we all face.

So what types of policies have you experienced in the workplace? Did you have difficulty getting time off when needed? Was your employer amazing and provide more time than legally required? Feel free to share your story in the comments below with our readers.”

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