Decrease Overhead Costs By Reducing Workplace Injuries

Workplace injuries continue to be a major concern for businesses, both large and small.

According to the Bureau of Labor and Statistics, more than 4 million non-fatal injuries and illnesses occur each year.

These injuries account for approximately $20 billion in workers’ compensation costs per year.

In addition to the direct costs associated with workers’ compensation, there are also indirect costs (decreased productivity, lost work days, training new employees) that also affect the bottom line.

A study in the Journal of the American Medical Association reported that musculoskeletal disorders (back pain, neck pain, headaches) are costing American companies an estimated $61.2 billion (direct and indirect costs) each year.

These figures are staggering and should be taken seriously by employers. Workers’ safety should be a top concern for all businesses no matter what the size of the company.

Focusing on reducing injuries and providing a safe working environment will reduce costs and improve employee morale.

When designing a worker safety program, the first step to take is to consider the risk factors that lead to injury.

There are two types of risk factors involved: work-related and personal.

Read more at The Times Tribune

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