This website has been repeatedly stressing that businesses the world over lose billions due to workplace drug and alcohol issues. To see how much businesses closer to home are faring, let’s take a look at an article by Yolanda Redrup for Smart Company that says workplace drug and alcohol issues are costing Australian businesses $6 billion a year in lost productivity.
Growing problem of drugs and alcohol in the workplace
The article focuses on the findings of the PolicyTalk report presented by the Australian Drug Foundation, urging Aussie businesses—the small ones in particular—to act swiftly on the growing problem of drugs and alcohol in the workplace.
In the 2004-05 financial year, businesses lost $5.2 billion in lost productivity costs from alcohol and drug use according to a study conducted by researchers from Macquarie University, the University of Queensland and the University of New South Wales. Recent data, however, is now suggesting that figure has reached $6 billion per year, according to Phillip Collins, head of workplace services at ADF.
The ADF report also found that alcohol is to blame for 5% of all Australian workplace deaths and up to 11% of non-fatal injuries.
Considering that the ADF report was released in 2013, you can only imagine how much workplace drug and alcohol issues are costing Aussie businesses now. With the nation facing an ice epidemic, the least employers can do is implement drug and alcohol testing policies. While the loss in productivity and the absenteeism are more than valid reasons for conducting drug tests, the health and safety of everyone in the workplace should be the primary focus of such programs.
Click here to read the full article.