| A. |
______ |
Number
of full-time employees |
| B. |
______ |
Total
annual wage and benefit costs |
| C. |
______ |
Average
wage and benefit cost per employee (B divided by A) |
| D. |
______ |
Number
of employees impaired by substance abuse (10% of A) |
| E. |
______ |
At
best, an employee operates at only 75% of the expected norm; therefore,
calculate the lost of productivity (D Times ? times 25%) |
| F. |
______ |
In
addition, 20% of health insurance benefits are paid to cover substance
abuse related claims, so calculate the increased health insurance
cost (20% of total annual claims) |
| G. |
______ |
With
a Drug Free Workplace Program your company can receive 5 to 10%
Worker's Compensation Reduction. |
| H.
|
______ |
Lack
of a Drug Free Workplaces Program can cost your company an annual
minimum of (E+F+G) |
| |
|
|
| **
This estimate is only a minimum and does not take into account
theft
nor the cost of damages to company property or customer good
will. |
| |
|
|
| Benefits of drug testing |
| |
|
| • |
5-20% discount on Workers Compensation premium
|
| • |
4% minimum improvement in employee-related costs |
| • |
Eligibility for Federal contracts of $25,000 or more |
| • |
Inclusion on state preferential bid lists |
| • |
Lowered absenteeism |
| • |
Reduced accidents |
| • |
Reduced employee theft |
| • |
Decreased employee turnover |
| |
|