 “Quick Nick on board Helitack Slick” |  How Much is an Employee Worth? |  Bing Crosby, 1949, center, with CDF’s Carl Nova to his right, and Jack MacIlory to Carl’s right. |
Employee recruitment, training and retention is a big investment. When an employee is injured, your investment is at risk! The expensive results can be:
 a serious drop in morale |
| lack of confidence in leadership |
| loss of production |
| loss of quality |
| loss of profits |
| increased insurance rates |
These increased negative results are only the tip of the iceberg. Accidents, injuries and deaths result in far greater losses — on the home front, with the company’s public image, with future employee recruitment efforts, and more!
Ask yourself—
is the overall safety climate of my organization a time bomb?
| According to the National Safety Council, Overall, the average cost of a work-related accident is $41,353. In 2023, there were 4,070,000 injuries in which medical attention was sought. So the estimated 2023 cost was $168,306,710,000. Preventable deaths from accidents totaled 4,543 people. Fatal work injuries recorded in the United States in 2022, a 20 percent decrease from 5,486 people. Total Workplace Deaths for 2023 – 4543 Private industry employers reported 2.6 million nonfatal workplace injuries and illnesses in 2023, down 8.4 percent from 2022. A table of workplace injuries by occupation may be found here: ( https://www.bls.gov/news.release/pdf/osh.pdf ) An estimated 29,135 people died in traffic crashes in the first nine months of 2024. This represents a decrease of about 4.4% compared to 30,490 fatalities projected for the first nine months of 2023. . [Sources NSC and BLS] |