Imagine being able to predict your next accident, so you can avoid it! 85-95% of all accidents are caused by human error. OSHA says that a simple sprain can cost an average of $60,618 in direct and indirect costs. Direct costs are those that are easily quantified and usually paid by insurance. Indirect costs may be hard to quantify or sometimes impossible. However, there is a cost correlation between a direct and an indirect cost.
However, a company must use profits to pay for any injury. Therefore, at a 3% profit margin the employer must generate an EXTRA $2,020,600 to pay for the 1 sprain.
Conducting a safety assessment of each employee can tell you how they are predisposed to safe or at risk behaviors. OSHA Compliance Help has such a tool called the Safety Quotient (SQ), where in 15 short minutes you can help your workers become self-aware of their default safety consciousness. You then can coach your workers to safer behaviors and save your company millions of dollars due to human error.