The Cost of Drugs in The Workplace

Let’s keep it simple and based on facts

I like to simplify whenever possible so let’s think of your company and employees as a professional sports team and with that said, the point is we want to win every game. Any coach will tell you that every teammate plays an equal and vital role to the success of the team as a whole. We need to take that same approach to our business and our employees (the team) with the goal being,  win every game. We know that it can take just one non-team player and the link to your team’s success is broken. Sadly drugs whether legal or illegal it is the 100+ billion-dollar question and the answer is NO, NO, NO.

By the numbers as of 2020 how drug use affects our society

The estimated cost of drug abuse in the United States—including illegal drugs, alcohol, and tobacco—is more than $740 billion a year and growing.

Tobacco: $300 billion

Alcohol abuse: $249 billion

Illegal drug abuse: $193 billion

Prescription drug abuse: $78.5 billion

Impact on workplace productivity

Drug abuse costs the nation more than $120 billion per year in lost productivity, according to The National Drug Intelligence Center (NDIC).

According to NDIC estimates, drug abuse accounts for:

$49 billion in reduced workdays

$48 billion in incarceration expenses

$4 billion due to premature deaths

What can we do as an employer?

There is no doubt that these numbers are staggering to say the least, but the good news is your company can overcome potential employee issues when vetting a potential employee as well as establishing policies to for periodical or random drug testing programs.

Please remember your employees are your greatest asset but at the same time one of your biggest liabilities. Your company’s reputation and brand are in the hands of each employee, not to mention potentially costly legal liability.

Let the team at Conquest America help your HR department establish sound pre-employment screening and drug testing procedures to meet your company’s hiring guidelines. Conquest America’s suite of employment screening tools takes advantage of the latest cutting edge technology with products all at your finger-tips in a user-friendly format providing fast and dependable results.   

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