Pulse of Radio - lifestyle
Today's total solar eclipse is exciting, but it will cost U.S. companies at least $694 million in lost productivity. Outplacement firm Challenger Gray & Christmas crunched the numbers, and estimates 87 million employees will be at work during the eclipse which they think will distract workers for 20 minutes. If the average hourly wage for these workers is $23.86, those 20 minutes will cost employers $7.95 per worker, or $694 million in total. Even Challenger admits this amount lost is very small, compared to the amount of wages being paid to an employee over the course of a year. Considering this is the first solar eclipse visible in the U.S. since 1979, and considered a once in a lifetime event by many, employers will likely just have to deal.