816-231-5580 Contact Us
Menu
Our Services

The High Cost of Employee Injuries - 2021 OSHA Compliance

October 1st, 2021

The financial impact of employee injuries can be significant. Injuries can happen as a result of not staying OSHA compliant. Consider the cost of just one lost-time injury due to mental stress, a much-discussed injury type today, for a company operating at a 5% profit margin.

  • Direct cost-$35,151
  • Indirect cost-$38,666
  • Total cost-$73,817

To cover the total cost of this one lost-time injury a company must sell an additional $1,476,340.

 

Learn more about OSHA compliance to prevent costly and avoidable workplace injuries.

 

Source: OSHA, Safety Pays
← Older
Next →