Are your employees overtired? Do they work late nights just to help your business get ahead? You wouldn’t trade these dedicated employees for the world but did you know that if your employees are working themselves too hard and skipping out on sleep to do so they aren’t really helping your business get ahead? In fact, they could be costing you much more than you think. 

The true cost of tired employees

An overtired employee can cost a company a lot of money over the course of a year. For example, sleep-deprived employees are more likely to have a workplace injury and each workplace injury can cost you over $40,000 in worker’s compensation claims a year.

But that isn’t all that sleepless nights can cost you. You adore your hard-working employees and unfortunately, employees that work themselves too hard and skimp on sleep are more likely to die prematurely. Premature death is not only a tragedy but in addition to being demoralizing to your team, it can cost your business $15,000 just to replace your lost employee.

And these aren’t the only problems associated with sleep-deprived employees. Tired employees typically miss more days and spend more on medical benefits than a well-rested one.

If you want to help your employees sleep better so that they are more productive and better rested for not only your benefit but their own mental and physical health, there are some things that you can do to encourage better sleep. One thing you can do is encourage your employees to take their paid time off (PTO). PTO is one of the most beneficial options that you can give your employees to help them get the rest they need.

For more ways that you can give your employees the sleep they need check out this infographic by SleePare. It outlines five of the costs associated with sleep deprivation and five benefits that you can institute in your workplace to help combat the true cost of sleep deprivation at work.

This infographic was created by SleePare.