March 21, 2023 from the Toronto Star
According to a recent article in The Star, there has been a significant increase in long-term job vacancies and worker absences due to illness or disability in Canada. In 2022, these numbers reached a record high, impacting both small and large businesses.
This trend can have a significant impact on company productivity and profitability, as it can lead to increased workloads for other employees, decreased morale, and increased costs associated with recruiting and training new staff.
This trend can have a significant impact on company productivity and profitability, as it can lead to increased workloads for other employees, decreased morale, and increased costs associated with recruiting and training new staff.
To address this issue, it is important for companies to take steps to support the health and wellbeing of their employees. This can include implementing flexible work arrangements, providing access to mental health resources, and offering disability accommodations as needed.
It is also important to ensure that your company’s disability insurance policy provides adequate coverage for employees in the event of a long-term illness or disability. This can help ease the financial burden on both the company and its employees.
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