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Rising sick days are costing European businesses billions every year

Business Standard LogoBusiness Standard2d ago

Rising sick days are costing European businesses billions every year - Business Standard

Quick Summary:

In Norway, architect Andreas Tingulstad doesn’t work full time since suffering a stroke and brain injury, and relies on benefits to top up his salary.

The 47-year-old appreciates that the welfare model isn’t perfect, but says misuse by a minority shouldn’t be an excuse to scrap something that works for genuine users.“I don't expect NAV to fix my life, but they are existential,” he said, referring to the country's Labour and Welfare Administration.“Usually a disability or sickness is no one’s fault.

OECD research shows that people coming to work while ill — so-called presenteeism — are more harmful to productivity than losses from those staying away, by two to three times.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 22:56:03 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1063 words

Reading Time: 6 minutes read

Sentences: 47 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24051409

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 307 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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