Cost Of Injuries.

The true cost of an injury is, of course, human.  In my article posted on www.safetyphoto.co.uk/blog  (see Articles 2), I talk about exactly that concept.  We need to keep in mind that the most important element of safety is for the worker to home to his or her family every evening.  Hilda Solis, the current head of the DOL, says: “With every fatality and serious injury, a worker's family is shattered, changed forever.”

As any business should, it is prudent to pay attention to dollar costs, so let’s look at how much it will cost to get someone hurt.  Use the information here to determine how much you will need in profit to pay for an injury.

According to the National Council on Compensation Insurance, the total direct and indirect cost of an injury is 1:4.5.  An injury with a $1000 costs $4,500 by the time we add in all of the other associated costs.  The average cost of a lower back injury claim is $23,820 according to the National Safety Council.  Using the multiplier, a back injury would cost over $100 grand.  Do you imagine that training on how to lift and some equipment to help with the heavy stuff would be cheaper?

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