
Which of these workers is lifting properly? |
Did you know?
- the costs of health care are second only to payroll
- for each employee, health care costs will reach $8,340 in
2007, nearly double that of the year 2000 ($4,018)
- back pain is the leading cause of disability in young workers
(i.e. those between 19 and 45)
- cumulative trauma disorders such as carpal tunnel syndrome are
more common than all other work-related illnesses combined
- approximately 10% of all those injured account for nearly 90% of
the costs
- Workers' Compensation is the third leading route
to welfare
|
Consider an injury in which the
total costs were $24,000.
If the company profit margin is 5%, it will
take $480,000 in sales to
recover the injury costs.Studies clearly
demonstrate significant savings for money spent
on prevention
programs. In fact, it is typical to see to a savings
of $3
to $4 for every $1 invested. An ounce of
prevention truly
does equal a pound of cure. |
Company profit
margin |
Sales needed to recover
injury costs |
| 5% |
$480,000 |
| 10% |
$240,000 |
| 25% |
$96,000 |
|