MYTH VS. FACT
Our second installment of Virginia’s business owners debunking common myths about what paid sick days mean for small business.
MYTH: It’s too big of a financial investment to offer paid time off to my employees.
FACT: Business owners give examples of the money they ultimately save because of offering benefits like paid sick days. Lower attrition and turnover, better customer service, higher engagement, etc. Many businesses offering these benefits cite average employee tenure that is up to 5 times their industry averages.
MYTH: It doesn’t hurt my business by not offering paid sick days so there’s no reason to start now.
FACT: Business owners consistently say that they would have more risk if they didn’t offer paid sick days. By having sick workers able to stay home, they don’t infect other workers or those they serve.