OSHA’s Safety Pays Program Helps Show Impact of Injuries and Illnesses on the Bottom Line

safety paysIf you are looking for an easy-to-use tool to help you demonstrate the impact of workplace injuries and illnesses on your company’s profitability, check out the recently updated OSHA Safety Pays Program. This program uses a company’s profit margin, the average costs of an injury or illness and an indirect cost multiplier to project the amount of sales a company would need to covers those costs.

OSHA has updated the program to include more recent workers’ compensation data from the National Council on Compensation Insurance. The program is now available in a format that can be easily read by mobile devices. For more information on the costs of workplace injuries and illnesses, and the benefits of investing in workplace safety and health, see OSHA’s Business Case for Safety and Health webpage and the U.S. Department of Labor Blog written by Assistant Secretary of Labor for Occupational Safety and Health Dr. David Michaels.

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