A cost-benefit analysis of various company occupational safety activities.
Public Domain
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1978/02/01
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Description:The relationships between the monetary cost of occupational safety and health loss control activities and the monetary cost of work related injuries were investigated. Information was obtained from chemical, paper and wood product manufacturing companies in Texas by 54 on site interviews and a postal survey completed by 86 companies. A strong correlation was noted between top management interest and the work injury frequency rate. A forced choice procedure was used to determine the factors which most effectively reduce work injuries: top management interest, new employee orientation, guarding, safety meetings, and safety inspections. The findings indicated that Texas chemical companies spent more money to prevent work injuries and experienced relatively low work injury costs compared to paper and wood product manufacturers. The author concludes that a correct combination of safety and health loss control activities, rather than greater monetary expenditures, explained differences between work injury costs for firms of similar size in the same industry. The firms with lower work injury costs usually spent somewhat smaller amounts on loss control activities than did firms which had higher work injury costs.
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Pages in Document:1-142
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NIOSHTIC Number:nn:00225894
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Citation:NIOSH 1978 Feb; :1-142
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Federal Fiscal Year:1978
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Peer Reviewed:False
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Source Full Name:Division of Safety Research, NIOSH, U.S. Department of Health, Education and Welfare, Morgantown, West Virginia, NIOSH Purchase Order Report 75-3421, 142 pages, 88 references
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Main Document Checksum:urn:sha-512:60fd2d67e66a3f9c97494c91f50ba112dbd2555031e832c760c7054fff91dd592080a1e3e46ce934c2757115ba334637f30cb99b51d0a411fc40bf868e986224
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