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Productivity Loss

All articles tagged with #productivity loss

Sleep apnea drains billions from UK-US productivity every year, study finds
health1 month ago

Sleep apnea drains billions from UK-US productivity every year, study finds

A UCL-led study of 4,000 UK/US adults estimates obstructive sleep apnea costs the US and UK economies more than £137bn ($185bn) annually (US about $180bn; UK about £4.2bn), driven by lost workdays and reduced performance. With around 1 billion people affected globally and up to 85% undiagnosed, researchers call for workplace screening and earlier treatment, noting two-thirds of patients abandon CPAP therapy and that costs may be underestimated as medical and accident costs aren’t included. The study also highlights worker protections and concerns from unions about drivers facing penalties if diagnosed.

The Rise of 'Quiet Cracking': Recognizing and Addressing Workplace Burnout
business7 months ago

The Rise of 'Quiet Cracking': Recognizing and Addressing Workplace Burnout

A new workplace phenomenon called 'quiet cracking' is affecting over half of employees, leading to disengagement and costing the global economy $438 billion in productivity, with signs similar to burnout. Employers are advised to foster open communication and provide development opportunities, while employees should assess their job satisfaction and consider career changes if necessary.

"Breaking the Taboo: How Companies are Addressing Menopause in the Workplace"
health2 years ago

"Breaking the Taboo: How Companies are Addressing Menopause in the Workplace"

Menopause symptoms can have a significant impact on women's careers, leading to missed work and decreased productivity. As a result, some companies are now offering menopause-specific benefits to attract and retain talent. These benefits may include access to certified specialists, coverage for hormone treatments, and telehealth services. Providers of corporate support services for menopause have seen a rapid uptake in their offerings. However, further research, prevention strategies, and explicit anti-discrimination laws are needed to address the challenges faced by women experiencing menopause in the workplace.

Heatwave Devastates American Businesses: A Sudden Blow
business2 years ago

Heatwave Devastates American Businesses: A Sudden Blow

The scorching heatwave sweeping across the United States is not only taking a toll on millions of Americans but also driving up costs for businesses and putting pressure on the economy. Recent studies estimate that extreme heat could cost the US $100 billion annually from productivity losses alone, and if left unchecked, it could sap away one-sixth of global economic activity by 2100. Workers, especially those who work outdoors, are less productive in extreme heat, and the losses are steepest in sectors such as agriculture and construction. The lack of national regulations to protect workers from heat stress exacerbates the problem. Businesses in various industries, from food trucks to breweries, are making operational changes and investing in cooling systems to mitigate the impact of the heatwave.