Mitigating On-the-Job Injuries

On-the-Job Injuries

& the Opportunity to Mitigate

Management, HR and Safety Officers all know their Largest Cost Factors are employees. Proper, Safe Tools, like The EarthLifter, are KEY to mitigating unnecessary and costly long-term injuries. Safe tools protect your investment in personnel. Efficient Tools Make you Money.

Understanding the Total Cost of an Injury

When you think in terms of 'cost benefit analysis, the consideration of investments in manpower protection is paramount. The largest costs by far in any 'physical work' occupation is labor and any equipment that supports Safety is a wise investment. From an economics and financial perspective, equipment is “written off” as a cost of doing business.  The right capital equipment provides benefits in insurance costs, employee retention, good will and overall efficiency. Wise investing for the long term means avoidance of major future costs while enjoying present day efficiencies. 

Like an iceberg, both Direct and Indirect Costs exist. The obvious costs are seen on the surface. Those costs that are occasionally concealed can sink a ship. 

Direct Costs of an Injury:

• Medical Treatment for potentially an extended period

• Wages for TIME LOST 

• Disability Settlements

• Case Management for issues beyond Workers' Compensation

Indirect Costs of an Injury:

• Replacement Training

• Hiring Costs

• Lost Productivity

• Scheduling disruption and overtime payments

• Legal Fees and Investigation costs

• Project Delays and extra workload on other team members

• Loss of Good Will, Reputation, Delay complaints and Staff Distress