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Asheville, NC (CompNewsNetwork) - The cost of obesity among U.S. full-time employees is estimated to be $73.1 billion, according to a new study by a Duke University obesity researcher, published last month in the Journal of Occupational and Environmental Medicine. This is the first study to quantify the total value of lost job productivity as a result of health problems and its finding that productivity loss is more costly than medical expenditures is bad news for employers.
Lead researcher Eric Finkelstein, deputy director for health services and systems research at Duke-National University of Singapore, and his colleagues found that "presenteeism," or the lost productivity incurred when employees try to work despite health problems, cost employers a whopping $12.1 billion per year, nearly twice as much as their medical cost. Presenteeism was measured and monetized as the lost time between arriving at work and starting work on days when the employee is not feeling well, and the average frequency of losing concentration, repeating a job, working more slowly than usual, feeling fatigued at work, and doing nothing at work. The study included data on individuals who are normal weight, overweight and obese, with sub-groupings based on BMI ... read more