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Article from WSIB - Workplace Safety and Insurance Board
 
bulletInjuries cost more than you think

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Injuries cost more than you think. 

(from:
http://www.wsib.on.ca/wsib/wsibsite.nsf/public/BusinessResultsHealthSafety)

The average lost-time injury in Ontario costs $59,000.00 

Workplace Safety and Insurance Board costs account for nearly $12,000 of that figure. 

Indirect costs to the company make up the rest of the total costs, including:

bulletProperty damage
bulletLost production
bulletManager and supervisor time
bulletCompliance costs associated with Ministry of Labour orders
bulletLowered employee productivity while on light duty.

A business operating on a 6 per cent profit margin, would need nearly a million in sales to make up for the $59,000 lost from a single injury.

Your business depends on your skilled and trained workers. 

Protect your workers and their families from the suffering and costs caused by workplace injuries. 

Protect your business from the high cost of injuries.

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Last modified: Friday April 15, 2005.