Sleep Impacts Productivity, Healthcare Costs, and Safety
Many employees are sleep deprived, causing a significant decrease in productivity on the job, and increasing health costs and safety problems. About 30% of workers sleep less than 6 hours a day, costing corporations an estimated $14 billion a year in direct costs, and twice that in indirect costs. This is about $2000 per employee each year in lost productivity. For corporations operating around the clock, the sleep problems of shiftworkers can have an even larger impact on productivity, health and safety.
Many aspects of human performance are impacted by poor sleep. These range from cognitive skills and problem solving to physical coordination. Other areas relevant to on the job performance are mood and motivation, and social skills. With inadequate sleep concentration and attention are impaired.
For today’s corporations a large expense is health insurance. Research has shown that sleep disorders contribute to high blood pressure, heart disease, stroke, mood disorders, anxiety and depression, inflammatory disease and many other health conditions. Poor sleep is also associated with absenteeism, and napping at during work hours. People with sleep problems also missed twice as many work days due to illness.
Safety declines when employees have insufficient sleep. This is particularly an issue for shiftworkers, research shows many more accidents on the swing and graveyard shifts.
The main reason people leave jobs is because of dissatisfaction with their managers. We now know that with sleep deprivation people’s emotional intelligence drops. Sleep deprived managers are less able to read the emotions in other’s faces, and make more self-centered decisions. Every time an employee is lost and a new hire made the corporation loses money.