5 Reasons To Retain Employees Who Acquire A Disability
Employee turnover can be expensive. According to the Society for Human Resources Management, employee replacement costs can reach up to 50 to 60 percent of an employee’s annual salary!
Here are 5 reasons to retain employees who acquire a disability.
They will be grateful for your support and happier to be there.
Whether your employee is recovering from an accident, an illness or adjusting to age-related concerns such as hearing loss, vision loss, or arthritis – acquiring a disability can be a life-changing event. He or she will be grateful for your support and happier to be back to work, especially for the financial stability the job brings.
Average accommodation costs can be less than $500.
An ongoing study by the Job Accommodation Network consistently shows that the benefits employers receive from making workplace accommodations greatly outweigh the costs. Employers who participated in the study reported that 59% of accommodations cost absolutely nothing to make, while the rest typically cost only $500.
They have staying power.
People with disabilities are reliable employees and have an overall higher job retention rate. Unlike their job-hopping peers, employees with disabilities tend to not seek new employment on a regular basis. Think of the money your business will save by avoiding yet another hiring and training process, potentially caused by high turnover rates.
You will increase workplace diversity.
Both workers with and without disabilities benefit equally from a diverse work environment. By working alongside employees with disabilities, co-workers without disabilities will become more aware about how to make the workplace and other settings more inclusive and accessible. Employees with disabilities can also teach their coworkers about resilience in the face of challenges, and finding creative ways to solve problems or accomplish different tasks.
You could land in legal hot water.
Under the Americans With Disabilities Act, employers can be sued for disability discrimination in workplace situations – including harassment, failure to provide reasonable accommodations and more. As a best practice, make sure to maintain good records and documentation of any employee problems to avoid any potential problems.
Want to learn more? Check out this resource guide for employers related to the employment of people with disabilities. It’s full of tips on how to legally and proactively recruit, retain and promote workers with disabilities.