According to the 2016 Liberty Mutual Workplace Safety Index, nonfatal workplace injuries amounted to nearly $62 billion in direct U.S. workers compensations costs (more than a billion dollars per week). When you combine the direct and indirect costs, the average cost of a workplace injury is $100,000. With the potential for additional costs, due to OSHA fines and other legal action.
As you can see, workplace injuries can be very costly. There is the financial impact, as well as the emotional toll that an injury can take on your employees and your organization. It is imperative that you take the proper steps to reduce injuries and ensure your employees go home safely after every shift.