Right? I work for an actual megacorp and our policy is almost the exact opposite on every point.
Sick workers make more sick: don’t work and feel better faster. Distracted workers makes mistakes and cause problems: don’t work and take care of your kid. Rested workers work better: take the time around the holidays off entirely. Productivity is crap then anyway and with so many vacations it’s easier to plan around a block where nothing happens than to deal with random teams having unpredictable delays. Car broken? Expense a Lyft. We have a corporate account and your ride to work is a rounding error compared to the sales visits.

If you’re going to invoke money you should actually understand how big companies function and view money.