Workplace Injuries Cost Businesses Like Yours $554 Billion in 2003

Cost of on-the-job injuries, 2003The cost of on-the-job injuries can counteract every effort a company makes to maximize productivity, client service, and profits. The massive costs associated with these injury claims are an indication that companies are struggling to balance the need for a safe, productive work environment with the demand to increase efficiencies and improve profit margin. But as American industrialist Lee Iacocca once suggested, if you get the people part right, the rest will fall into place; on-the-job injuries will decrease, workers’ compensation costs will drop, and performance will peak. More…