Workplace injuries and accidents are the near the top of every employer’s list of concerns.
In 2013 — the most recent year for which statistically valid injury data is available from the U.S. Bureau of Labor Statistics (BLS) and the National Academy of Social Insurance — workplace accidents and injuries that caused employees to miss six or more days of work cost U.S. employers nearly $62 billion, according to the 2016 Liberty Mutual Workplace Safety Index. Of that $62 billion, more than 82.5% (more than $51 billion) can be attributed to the 10 leading causes of the most disabling work-related injuries.
“We rank the top 10 causes of the most serious, nonfatal workplace injuries by their direct costs each year to help companies improve safety, which better protects both employees and the bottom-line,” said Debbie Michel, general manager, Liberty Mutual’s National Insurance Casualty operation. “Workplace accidents impact employees’ physical, emotional and financial wellbeing. They also financially burden employers, who pay all of the medical costs related to a workplace injury, together with some portion of an injured employee’s pay. Beside these direct costs, workplace injuries also produce such indirect costs for employers as hiring temporary employees, lost productivity, quality disruptions and damage to a company’s employee engagement and external reputation.”
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