Paid sick leave mostly a “win” for business

"The Sick Child" -Gabriel Metsu
“The Sick Child” -Gabriel Metsu

The Center for Economic and Policy Research (CEPR) has once again scooped the major dailies with this story about a study that was conducted of 352 New York City businesses of five or more employees. All of these businesses are subject to a new New York City ordinance requiring employers to provide paid sick time for their employees. The study found that only 14% of those businesses reported an increase in costs and 98% reported there was no abuse of the policy.