Safety Practices, Firm Culture, and Workplace Injuries PDF Download

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Safety Practices, Firm Culture, and Workplace Injuries

Safety Practices, Firm Culture, and Workplace Injuries PDF Author: Richard J. Butler
Publisher: W.E. Upjohn Institute
ISBN: 0880992778
Category : Accidents
Languages : en
Pages : 116

Book Description
Annotation Workers' Compensation insurance, which covers all medical expenses and part of the lost wages associated with injuries, cost employers $63.9 billion in 2001 (National Academy of Social Insurance, 2004). The indirect costs of accidents lost wages, damage to equipment, training and rehabilitation expenses are several times this amount. On the job injury costs are an important component of the firm's operating expenses. Human resource management can change workers' incentives to take more care on the job (accident prevention), improve workers' incentives to return to work following an accident (loss reduction), and improve workplace efficiency by appropriately involving workers in the firm's decision making.
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