Employee turnover costs businesses millions of dollars each year. However, many employers don’t accurately track this expense, which could be reduced by improving workplace conditions. To help business owners understand the cost of turnover, CLASP and the Center for Economic and Policy Research (CEPR) have released an updated turnover cost calculator. This dynamic tool allows employers to calculate turnover costs by responding to 10 simple questions.
Most low-wage workers lack access to paid sick days. When illness strikes, they’re forced to choose between caring for themselves or their families and earning a paycheck. Taking a sick day leads to loss of much-needed wages and could even cost them their jobs. However, going to work sick or sending a sick child to school or child care endangers workers’ and their families’ health and spreads illness to colleagues, customers, and other children. That’s why CLASP advocates at the federal, state, and local levels for paid sick days laws. When workers can earn sick days, they can care for themselves or their loved ones without losing essential income.