The Business of Safety Resource Center is aimed at making the business case for safety and the role of safety in corporate social responsibility. It shows how investments in safety and health "can positively impact an organization's bottom line," the association says.
The resource center offers tools on the impact of safety:
- The impact of accident costs on businesses.
- Lowering costs of accidents and illnesses.
- Indirect costs of accidents.
- Return on investment.
- Evaluating safety interventions.
Among the tools is an interactive cost calculation worksheet that helps companies determine the total estimated annual cost of their occupational deaths, injuries, and illnesses; the impact of accidents on profits and sales and the amount of sales needed to replace lost profits; how they compare to national injury and/or illness rates for their industries; and their lost workday incidence rates per year.
Read more at the WorkersComp Forum homepage.
April 12, 2012
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