Everyone who has the flu knows how terrible it is to feel sick. The misery of the illness may also drain your energy and motivation. The economic effect of the flu season is substantial. Around 10%-20% of the population will get the flu each year.
When someone in the office is sick with the flu, they typically miss three to five days of work. And if workers are contagious, most of these absences will occur in a very short time due to the seasonal nature of the flu. Except, they are provided with corporate flu vouchers.
Most of us have probably worked in an environment where the team members ‘drop like flies’ due to a disease that spreads in a matter of weeks. An organization’s personnel may be wiped out, operations can be thrown into disarray, and productivity (and profitability) can take a nosedive if an outbreak of this magnitude occurs.
There are two key factors that contribute to the direct expense of flu to your company. Lost productivity due to illness (absenteeism). Furthermore, the price tag is associated with sick workers who continue to slack off on the job (presenteeism). Here are more risks that you may face if you’re not providing your employees with corporate flu vouchers.
Personnel Currently on Inactive Status
Perhaps it is easier to think of how much absence costs. When an employee is out sick due to the flu, the company loses out on its full potential output for those days. The company will never get back the time and money that might have been made if the vacant job had been filled.
The company might end up paying for the job twice if a replacement is found for an absent worker. The temporary worker must fill out forms twice: once for paid sick leave (if applicable), and once for the temporary worker’s own personal information (which often comes at a higher price). This is where corporate flu vouchers can help your employees and your business.
Another risk of not providing corporate flu vouchers is the damage and financial burden caused by presenteeism may not be immediately apparent. When an infected worker shows no signs of stopping and continues to come in, they present a twofold risk to your company. For starters, a sick worker is a poor performer. Employees who attempt to work while sick are less productive and more likely to make errors that cost the company money. Second, a sick worker who shows up to work poses a serious threat to the health of their coworkers and might perhaps make the situation much worse.
Aspects of Greater Danger
The effects of not providing corporate flu vouchers on your company go far beyond the monetary losses. When you get the illness, for instance, your brain fogs up and you feel like you have no idea what you’re doing. We’ve all experienced physical exhaustion, sleep loss due to coughing fits, and the temptation to take mental shortcuts when our physical abilities are diminished.
These common flu symptoms may be a major threat to workplace health and safety. A sick worker poses a threat to the health and safety of everyone in the workplace because they are more likely to make mistakes or have accidents, in addition to spreading disease.
Corporate Flu Vouchers Saves Money
To reduce the financial burden of influenza on enterprises, corporate flu vouchers are a viable alternative that may provide significant returns on investment. This is true for businesses of all sizes and in many different fields.
Each worker provided with corporate flu vouchers not only has a 59% lower risk of becoming ill if exposed to the flu but also has a lower risk of spreading the disease to others. Because of this, the prevalence of disease in the workplace may be reduced even more.
Preserve Your Efficiency
Getting your employees corporate flu vouchers against the flu is a wise business decision that may save you money in the long run by reducing absenteeism, presenteeism, mistakes, safety hazards, lost business, and reputational damage that result from the virus.
Corporate flu vouchers are an expense that might pay off in spades for your bottom line, your standing in the industry, and your team’s productivity. Corporate flu vouchers are a great investment that you should strongly consider.
Erik Jackson has been a senior editor at Health News Tribune for three years. Fluent in French and proficient in Spanish and Arabic, he focuses on diseases and conditions and the newest trends in medicine.