From the Hartford Business Journal:
Despite the predictions of business lobbyists in Connecticut, the latest research shows no foundation for claims that paid leave policies would be disastrous for the economy. In fact, new evidence published this year shows that paid leave has been a non-event for most employers, and for many, has even helped their bottom line.
In surveys of hundreds of employers in cities and states with paid sick days and paid family leave laws, researchers have found that the vast majority of employers report paid sick and paid leave policies have no effect or a positive effect on business operations. This research is borne out in interviews with managers and business owners.
Similar to the bill currently pending in the Connecticut legislature, San Francisco passed a sick days ordinance in 2006, enabling workers to earn paid sick days. The proportion of workers with paid sick days increased from 65 percent before the ordinance to 82 percent.
A 2011 study found that most employers reported little difficulty in implementing it. Only a minority reported negative experiences with profitability (14 percent), customer service (2.6 percent), employee morale (1 percent), or predictability of absences (7 percent). Only a third of firms reported any difficulty administering the ordinance and nearly 70 percent of employers supported it.
For those who did mention short-term costs of paid sick days, researchers expect that these will be matched or exceeded over the longer term by reduced turnover, better health, more loyal and productive workers.
Read the full article from the Hartford Business Journal »