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.
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