The cost of not drug testing: calculate the savings of implementing a drug testing program
Hiring practices and retention of top talent rank as some of the most
important priorities for a company. Making these assessments is not easy and
can be costly. Time
is needed to analyze potential risk and evaluate the overall value of a
workplace drug testing program. Decision-makers now have a comprehensive
tool to aid in the vetting process for drug testing.
When looking at your drug testing
program, there are estimated percentages and dollar amount savings tied to
reduction of common employee behaviors. Our Drug Testing Savings Calculator
gives insight into the cost and savings in recruiting and training, reduced
absenteeism, on-the-job accidents, and workers’ compensation, taking into
account your company’s size and needs. And, you can estimate these savings
specific to your company and its workforce.
Drug Testing Needs Assessment – Complete the assessment to determine the drug testing solution that best matches your needs.
The cost of not drug testing
Additional recruiting and training efforts
More absenteeism
More accidents
More workers compensation claims
Here are 4 ways your company can save money by
implementing a workplace drug testing program.
Recruiting and training savings
Pre-employment drug testing can help save recruiting costs by drug screening qualified candidates before making a job offer.
Lower absenteeism
Employees who use drugs are absent from work on
average 50% more days than non-users, according to the National
Safety Council.
Seventy-four billion dollars are lost in
productivity each year due to alcohol consumption, according to the National
Safety Council.
Even if an employee is using drugs or alcohol outside
of working hours, it may lead to hangovers, loss of production at work, and
increased likelihood of injury, according to The Addiction
Center.
Fewer accidents
Research shows that screening for drug use can
help reduce on-the-job accidents and workplace crimes, including theft and
violence, according to EHS Today.
Employees who suffer from drug or alcohol
dependency are nearly three times more likely to either cause or personally
experience an injury-related absence from work, according to Occupational Health & Safety.
Lower workers compensation claims
Employees who use drugs are more likely to be
involved in a workplace accident and more likely to file a workers compensation
claim, according to the National Safety Council.
More on-the job accidents lead to increasing
workers compensation claims.
Lower healthcare costs
Drug testing can lead to lower healthcare
costs and premiums for employers. A report by the Surgeon
General, states that the U.S. spends $35 billion a year to treat substance
use disorders and $85 billion to treat injuries caused by substance use.
Start your journey to a drug-free workplace by determining your
return on investment (ROI) using our Drug Testing Savings Calculator. Quest Diagnostics
is more than just a laboratory; we are a true partner in success.
Hiring practices and retention of top talent rank as some of the most important priorities for a company. Making these assessments is not easy and can be costly. Time is needed to analyze potential risk and evaluate the overall value of a workplace drug testing program. Decision-makers now have a comprehensive tool to aid in the vetting process for drug testing.
When looking at your drug testing program, there are estimated percentages and dollar amount savings tied to reduction of common employee behaviors. Our Drug Testing Savings Calculator gives insight into the cost and savings in recruiting and training, reduced absenteeism, on-the-job accidents, and workers’ compensation, taking into account your company’s size and needs. And, you can estimate these savings specific to your company and its workforce.
Drug Testing Needs Assessment – Complete the assessment to determine the drug testing solution that best matches your needs.
The cost of not drug testing
Here are 4 ways your company can save money by implementing a workplace drug testing program.
Recruiting and training savings
Lower absenteeism
Fewer accidents
Lower workers compensation claims
Lower healthcare costs
Get started by referencing our Guide to Establishing a Workplace Drug Testing Program.
Start your journey to a drug-free workplace by determining your return on investment (ROI) using our Drug Testing Savings Calculator. Quest Diagnostics is more than just a laboratory; we are a true partner in success.
For more information about drug testing, visit our website or contact us online.