What does an injury or claim actually cost a company! Example |
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The results of the OSHA calculations are staggering. Looking at a simple example, assume that Company A has annual sales of $10 million with an 8 percent pre-tax profit margin. The cost of a single injury due to an amputation is estimated to be: Average Direct Cost: $21,718 In this example, the next 6 percent of sales growth will go solely to pay for the total cost of the accident. Is business slow? If your pre-tax margins are less, the sales impact is even greater! Now consider a less severe injury, such as a laceration. Using the same company data, the total costs of this injury are $6,055, while the incremental sales needed to cover the costs are $75,688. Download OSHA's free software to figure out specific injuries cost you! Link Example from Occupational hazards site |
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Safety Clothing Considerations |
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Clothing considerations no polyester or nylon, it will melt and cause severe burns. Cotton is the better choice for everyday wear. Also no tags or embroidery on your shirts. |
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Uncontrolled motion or potential energy
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Situations you may not be aware of after lockout tag out.
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New Arc Flash OSHA regulation quick summary
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Arc flash info. www.arcflash.com. Basically it required you to use a protective suite that covers you from head to toe. Bussmann has an arc flash calculator on there website.Link Holt electric hosts free seminars to learn more about arc flash if you have one in your area Link Why should you consider it?
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