Paid Sick Days: What’s Good for Workers Is Good for Business
Posted by City University of New York on July 14, 2014
Three years after Connecticut became the first state to require paid sick leave for workers, a new study finds that jobs are growing and worker morale is up in industries most affected by the law, including retail and hospitality services. It’s proof, once again, that what is good for workers is good for business.
The findings are consistent with the experiences of businesses that provide good wages, benefits, and other work supports. At the White House Summit on Working Families in June, executives from businesses ranging from large multinationals to small local restaurants testified that providing work supports like paid time off and flexible schedules increased productivity, improved morale, boosted returns, and helped business growth. The gains are particularly striking in highly competitive, low-wage industries with many part-time workers, such as retail and hospitality.
Study: http://www.cepr.net/documents/good-for-buisness-2014-02-21.pdf
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