Data from an older article stated that on average, nearly 50 workers are injured during any given minute of the work week. The American Society of Safety Engineers (ASSE) published a 2002 report that workplace safety programs benefit both your company and your employees. Fast-forward to today. This data makes a good business case that using WasteCaddy dumpster movers to prevent back injuries is a wise investment.
Safety by the Numbers
In that article, workplace injuries resulted in $128 billion in losses in 1996, which equated to 25 percent of pre-tax net profits. Even in today’s business environment, indirect costs can inflate direct costs by a factor of 20. Some of these include:
• Hiring, training and paying replacement labor
• Reduced productivity
• Investigation time and implementation of corrective measures
• Absenteeism and low employee morale
• Poor reputation in the community and industry
Many of these costs can continue long after the actual occurrence of the injury.
Raising Safety Awareness
The report cited a survey showing that employers buy into the importance of heightened safety practices regarding business and human costs. The top two reasons given were the cost of workers’ compensation insurance and the “right thing to do.”
There is real-life data to support the cost-effectiveness of safety programs:
• Companies have seen a return of up to $6 for every $1 spent on workplace safety.
• After investing in their safety program, a West Virginia coal mining company saw its workers’ compensation rate drop to $1.28 per $100 in payroll, compared to a competitor’s rate of $13.78.
Reduce Back Injuries with Electric Tugs from DJ Products
Our WasteCaddy dumpster mover enables a single employee to safely and easily handle one of the more labor-intensive tasks in the workplace. Call 800.686.2651 to learn more.
