Study: $1 raise could lead to fewer sick days

(FOX News) -- A little extra green can go a long way towards keeping people showing up for work.

Less educated workers who get a $1 raise in the minimum wage are less likely to call out sick than those who don't, according to a recent study.

The data published in the B.E. Journal of Economic Analysis analyzed job absence due to illness among hourly workers aged 25 to 64 between 1997 and 2013.

Researchers compared people with a high school education or less who are more likely to be impacted by minimum wages with higher educated groups.

Researchers conclude that just a $1 increase would yield between 19 and 32 percent decrease in absences. The study also found that an increased minimum wage boosted workers' self-reported health.

Effects of Minimum Wages on Absence from Work Due to Illness
www.degruyter.com

Up Next:


  • Popular

  • Recent

Stories You May Be Interested In – includes Advertiser Stories