Many companies seem to have a difficult time locating and maintaining quality employees. If your company seems to be limited by employee problems including a high turnover rate, high incidence of absenteeism, sub-par job performance, frequent accidents and/or common workers’ compensationclaims then drug testing could save you money. It has been reported in, In Favor of a Drug Free Workplace: Why Drug Testing?, that the US Navy estimated a $10 savings on every $1 spent on drug testing and the average cost of each drug abusing employee is about $6,600 per year. If you are still not convinced of the benefits your company could gain from implementing a drug testing program then refer to these research and statistics.
- Research:
- Studies of the workforce show that almost nine percent of employees were victims of drug abuse.
- Almost twelve percent of job applicants tested positive for drugs.
- The results from a study by the Xerox company demonstrated that accidents in the workplace were reduced after weeding out the employees found guilty of drug abuse.
- Random and pre-employment drug testing has been shown to bring down the health claims of employees by almost sixty five percent.
- It is clear that investing in a drug-testing program has been tested and proven to enhance productivity and reduce healthcare costs of companies.
- II. Short Term Benefits:
- Cost Savings and Incentive Programs are Offered by:
- i. Medical & Health Insurance Carriers
- ii. Property, Casualty, and Liability Insurance Carriers
- iii. Workers’ Compensation Insurance Carriers
- Decreases chances that a current drug user or abuser will apply for/be hired for a job at your company.
- Decreased Accidents
- Decreased Disciplinary Actions
- Decreased absenteeism, theft, and fraud.
- Cost Savings and Incentive Programs are Offered by:
- III. Long Term Benefits:
- Increased employee morale and productivity.
- Decreased costs associated with losses and errors.
- Increased employee awareness about alcohol and other drug/health related issues.
- Earlier identification and resolution of problems affecting job performance.
- Decreased legal costs.
- Less turnover which leads to decreased costs associated with hiring and training new employees.
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We will be glad to discuss the best option(s) to set up a drug-testing program for your company.