PILING UP
PAID LEAVE:
A BEAST OF BURDEN Small businesses already provide PTO benefits in ways that work for them and their employees. Mandated policies would only pile on the costs.
Paid time off options that businesses already offer: 80
56%
70 60
77% 79% 73%
50 40 30 20 10 0
paid sick leave paid vaction time
Firms that offer PTO benefits
paid holidays
paid time off that can be used for any type of leave
83% 20-249 employees
A THREE-HEADED
MONSTER:
87% 10-19 employees
70%
Mandatory paid sick leave would hurt employers in three ways:
1-9 employees
• Compensation costs • Lost production because of absent workers • Paperwork and record-keeping costs
PILING UP
The costs of a federal mandate requiring businesses with 15+ employees to offer up to 56 hours of PTO a year:
Number of fewer jobs nationwide* 500,000
420,948
430,946 429,482
421,370
399,036
400,000
410,924
400,716
388,790
341,632
300,000
Small businesses would account for 56–60% of this job loss over the 10-year period.
291,187
200,000 2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
*Each year represents employment differences relative to a baseline reading that assumes a paid leave policy was not implemented
“Forcing small businesses to pay for unproductive time means they have fewer resources available to try to grow the business, or worse, could mean having to eliminate some positions to remain financially viable.” – Daniel Bosch, NFIB senior manager, regulatory policy
IF EMPLOYEES TAKE 5 DAYS OF SICK LEAVE:
$652 billion in cumulative real output lost by 2025
$325.0 b $350
$238.9 b
US billions
$300
in output lost
$250 $200 $150 $100
in output lost
$118.7 b in output lost
$50 0
Firms with fewer than 20 employees
Firms with fewer than 100 employees
Firms with fewer than 500 employees
$72.1 billion less in real GDP in 2021
Added 10 hours of paperwork and record-keeping work per employer every year.
Source: NFIB
NFIB.com/PaidLeave
A BEAST OF BURDEN Small businesses already provide PTO benefits in ways that work for them and their employees. Mandated policies would only pile on the costs.
Paid time off options that businesses already offer: 80
56%
70 60
77% 79% 73%
50 40 30 20 10 0
paid sick leave paid vaction time
Firms that offer PTO benefits
paid holidays
paid time off that can be used for any type of leave
83% 20-249 employees
A THREE-HEADED
MONSTER:
87% 10-19 employees
70%
Mandatory paid sick leave would hurt employers in three ways:
1-9 employees
• Compensation costs • Lost production because of absent workers • Paperwork and record-keeping costs
PILING UP
The costs of a federal mandate requiring businesses with 15+ employees to offer up to 56 hours of PTO a year:
Number of fewer jobs nationwide* 500,000
420,948
430,946 429,482
421,370
399,036
400,000
410,924
400,716
388,790
341,632
300,000
Small businesses would account for 56–60% of this job loss over the 10-year period.
291,187
200,000 2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
*Each year represents employment differences relative to a baseline reading that assumes a paid leave policy was not implemented
“Forcing small businesses to pay for unproductive time means they have fewer resources available to try to grow the business, or worse, could mean having to eliminate some positions to remain financially viable.” – Daniel Bosch, NFIB senior manager, regulatory policy
IF EMPLOYEES TAKE 5 DAYS OF SICK LEAVE:
$652 billion in cumulative real output lost by 2025
$325.0 b $350
$238.9 b
US billions
$300
in output lost
$250 $200 $150 $100
in output lost
$118.7 b in output lost
$50 0
Firms with fewer than 20 employees
Firms with fewer than 100 employees
Firms with fewer than 500 employees
$72.1 billion less in real GDP in 2021
Added 10 hours of paperwork and record-keeping work per employer every year.
Source: NFIB
NFIB.com/PaidLeave
