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Friday, December 02, 2022

cost of poor sleep

It is known that poor sleep or prolonged non-sleeping can lead to physical and mental problems in the long run; But apart from negatively affecting health, vigilance can damage your personal finances and spill over into economic activities, i.e., poor labor productivity in companies.
According to experts, prolonged sleep less than six hours can lead to low productivity and performance, lack of concentration or mood swings that damage the work environment.

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A study titled “Economic Costs of Inadequate Sleep” by the Oxford University Sleep Research Society, sheds light on the damage done in various areas due to “poor” sleep.
The surveys conducted by the researchers highlighted that the prevalence of insufficient rest is substantial and increasing, in addition to the fact that complaints about this item are common in the countries where the analysis was conducted.
Experts elaborate in their study that sleep is a process of recovery and consolidation of memory, emotions, performance and learning, so a lack of it affects cognition, psychomotor function and mood.
These effects, described by the medical workforce, are associated with lapses in attention and inability to stay focused, low motivation, compromised problem solving, confusion, irritability and impaired communication, among other complications.

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economic cost

The report noted that the costs associated with poor sleep are primarily reflected in three areas: those related to the health sector, safety and productivity.
In the latter, they found four factors leading to productivity loss: low employment through early retirement, temporary absenteeism (time away from work), attendanceism (the worker is at work, but less productive), and premature mortality.
Productivity loss in the example country (Australia) resulting from insufficient sleep was $12,190 million.

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