We all know sleep matters for job performance. After a week of vacation, you may find your work better than ever. But rack up a week of sleepless nights — say, following a polarizing presidential election — and you may find yourself struggling.
It wouldn’t surprise anyone that sleep affects attention, memory and cognition — important factors in the workplace. But striking new research suggests the effect of additional sleep has a high monetary value. Apaper — from Matthew Gibson of Williams College and Jeffrey Shrader of the University of California at San Diego, based on data from Jawbone, the fitness- and sleep-tracker company — says that additional time sleeping can translate into thousands of dollars in wages.
In fact, they calculate that a one-hour increase in weekly sleep raises wages by about half as much as an additional year of education.
