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"Workplace Injuries Cost Companies $1B Per Week. Here Are Two Ways to Bring that Number Down."

4/13/2019

 
"A focus on prevention can dramatically cut the number of on-the-job injuries suffered every year."
​

A Risk & Insurance® e-newsletter article, in collaboration with Concentra©.  Published April 11, 2019.

​"Every employer wants to keep their workers safe and healthy. But some of the latest data suggests their efforts are falling short, and it comes at a steep cost.

The Bureau of Labor Statistics (BLS) shows that 2.9 workplace injuries occurred for every 100 full-time employees in 2017, totaling about 3.3 million nationally.  Collectively, workplace injuries cost the U.S. economy roughly $52 billion to $60 billion per year — that’s at least $1 billion per week.

The impact comes not just from expensive medical treatment, but from absenteeism,
decreased productivity, and increased employee turnover as well."

Download the full article here.

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