Journey to Safety Excellence
Source: NSC.org
This guide study the financial and operational benefits of workplace safety investments.
Key points include the substantial costs of workplace injuries, the significant savings from injury prevention, and the positive impact on productivity and financial performance.
For instance, each prevented injury saves $37,000, and effective safety programs can return $2 for every $1 invested, demonstrating the critical value of prioritizing safety for business success.
Work Injury Costs
Source: Injuryfacts.nsc.org
Work injuries are no joke, as shown here.
In 2022, work injuries cost the U.S. economy $167 billion, which includes wage and productivity losses, medical expenses, and administrative costs.
The average cost per worker was $1,040, with each medically consulted injury costing $40,000, and each work-related death costing $1,390,000.
Total days lost due to work injuries were 108 million, highlighting the significant economic impact of workplace injuries.
