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Safety and Health Topics |
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Making the Business Case
for Safety and Health |
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In
Focus |
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Workplace fatalities, injuries, and illnesses cost the country billions of
dollars every year. In its 2007 Workplace Safety Index, Liberty Mutual estimated that employers paid
almost $1 billion per week for direct workers' compensation costs for the most disabling workplace
injuries and illnesses in 2005. Employers that implement effective
safety and health management systems may expect to significantly reduce injuries and illnesses and
reduce the costs associated with these injuries and illnesses, including workers’ compensation
payments, medical expenses, and lost productivity. In addition, employers often find that process
and other changes made to improve workplace safety and health may result in significant improvements
to their organization’s productivity and profitability.
This page is a product of
several OSHA Alliances.
The following questions link to information that may help safety managers and
others demonstrate the business case for safety and health.
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What are the costs of workplace injuries and illnesses? |
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How can I show the economic benefits of workplace safety and health?
Management Views | Return on Investment | Tools for Calculating | More |
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What information is available by industry or safety and health topic?
By Industry | By Safety and Health Topic |
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How can designing for safety improve workplace safety and health and improve my bottom line? |
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What additional information is available on making the business case for safety and health?
Related Safety and Health Topics Pages | Success Stories and Case Studies |
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How do I get started improving workplace safety and health? |
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In Focus |
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Case Studies
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OSHA and Abbott Case Studies. Through their Alliance, OSHA and Abbott worked
with the Georgetown University McDonough School of Business to develop case
studies that communicate the business value and competitive advantages of an
effective safety and health program.
eTools
- $afety Pays.
OSHA. Interactive software that assists
employers in assessing the impact of occupational injuries and illnesses on
their profitability. It 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 generate to cover those costs.
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Safety & Health Management Systems.
OSHA. There are four crucial questions you should be asking when it comes to
safety and health programs. The detailed answers are found in the four modules
of this eTool, including a module on the benefits of implementing an effective safety and health program.
Alliances
This page is a product of OSHA’s Alliances with the following organizations:
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