Personal Security Concepts Employee Screening Services for Businesses
For any business, large or small, profit is essential. Net profit is what’s left of the total revenue after all expenses are paid. To increase net profit, businesses need to find ways to reduce their costs.
One significant cost for many businesses is substance abuse among employees. Substance abuse can lead to absenteeism, accidents, and decreased productivity. It can also lead to higher insurance premiums and increased workers’ compensation claims. In addition, substance abuse can create a hostile work environment and damage the reputation of the company.
Drug and alcohol abuse can have a major impact on a company’s bottom line. Accidents, damaged equipment, and employee theft are all direct costs that can be associated with workers using substances on the job.
In addition, substance abuse can lead to absenteeism, lateness, and decreased productivity, all of which can adversely affect a company’s profitability.
While some companies choose to turn a blind eye to these issues, others have implemented policies and programs to address them head-on.
By educating employees about the risks of substance abuse and providing support for those who need it, companies can help reduce the financial impacts of this important issue.