Every worker loves new technology, right? Not quite. The truth is, even in today’s business world, where certain segments seem dominated by news of an ‘always on’ culture, adopting and training on new technology can be daunting for plenty of employees. Training Employees on New Time & Attendance Software Perhaps you’ve recently added one or […]Read More >
The Paid Sick Time Conundrum
- nettime solutions staff
Figuring out how much paid sick time to give employees is often a conundrum for small business owners. With small staffs and limited resources, having even one person out can often create significant difficulties.
In fact, statistics show U.S. businesses lose in the neighborhood of $200 billion a year due to costs from employee sickness.
Only 14% of small business owners give employees between 6-10 paid sick days, with 46% giving 5 days or less, according to survey data from SurePayroll.
There’s a body of evidence that suggests giving employees paid sick time not only increases productivity, but saves money as well. Our infographic explains this phenomenon in detail, and breaks down the costs and benefits with some specific examples of how it has worked throughout the country.