Substance abuse costs American businesses more than $100 billion every year. This comes in the form of worker's compensation, medical costs, absenteeism, lost productivity and employee turnover.
Interested in finding out the impact a drug free workplace program has on your organization? Here's a simple way to calculate how much a drug free workplace program is worth. Multiply the number of employees at your company (by percentage) you feel have a substance abuse problem. Then, multiply that number by the average cost per year for each drug abuser on your payroll to determine the cost of substance at your company.
Step 1: __________________ % of your workforce that uses drugs (national average is about 17%) X ________________ The total number of employees at your company X ________________ The Average cost per year for each drug abuser (national average is $6,600) = $_______________ Cost of substance abuse at your company.
Step 2: Subtract the total amount you currently pay for drug testing each year from the final line above, calculating the cost of substance abuse at your company. __________________ Cost of substance abuse at your company (from final line in step 1)- __________________ Cost of drug testing at your company= $_______________ This figure represents your ROI with drug testing.
The savings can add up quick as well as lead to a safer, and more productive work environment. The above calculations are based on averages. A smart drug testing program will help you successfully avoid hiring new substance-abusing workers and identify current workers with drug problems. How well your program works will depend on how successful you are at getting the most out of drug testing.
If you are an employer and would like information regarding drug and alcohol testing programs for your employees, call Thumbs Up Compliance today at (800) 554-5887.