Workplace injuries remain a significant unresolved issue in most cpuntries. After the industrial revolution, the work-related and occupational injuries became very common. These injuries are linked with a lot of loss and suffering at societal, communal, organizational, and individual levels. The high costs associated with the workplace injuries include the claim costs, the excess premium, and administrative costs; these can be further divided into medical expenses, program costs, and indemnity payments.
The medical costs include the expenses and costs incurred to cure the injury including first aid and medical costs of rehabilitation, medication, hospitals, administrative, and transportation costs (Mekkodathil, et al., 2016).
The administrative costs include the damage of property or other machinery included, clean-ups, and insurance costs etc. In workplace injuries, it’s easy to evaluate the direct costs but there exists a crowd of ongoing indirect costs that should also be undertaken. The indirect costs might include the loss of productivity due to damage; decline in the capacity of production; increase in the salary costs due to financial consequences subsequent the variation in the pay of other workers and victim; employee benefits undertaken by the employer for an employee who is non-productive; the administrative and general costs relevant to the accident and employing a replacement including training costs, recruitment costs, administrative costs of insurance, and investigation costs; legal costs including the costs consequential of legal proceedings including medical defense, legal disputes, and lawsuits; and financial risks and losses relevant to the negative image that a work injury can create (Brandly, 2016).
Inhibiting and preventing these workplace injuries keeps the employees safe and also prevents the significant costs relevant to these injuries. Other indirect costs include the temporary labor costs, fines, over time costs, damage of equipment, damage of production, modifications and accommodations provided for the injured worker, loss of goodwill and business, and emergency supplies. Another important indirect cost of the workplace might include the emotional toll that safety risks can have on the employees of the company. Employees want to have a workplace that is well managed and safe, and where the management has the proper attention towards the safety of workers. However, the confidence in the safety of workplace can be reinforced by employers through creation of programs that incorporate the normal course of business, maintenance of a positive message, and identification of employees for working in safe environment. The potential of the high costs and expense is another reason to remain vigilant on the subject of workplace and employees’ safety (Lebeau & Duguay, 2013).
Brandly, C., 2016. Workplace Injuries And Illnesses And Employer Costs For Workers’ Compensation, U.S.: U.S. BUREAU OF LABOR STATISTICS.
Lebeau, M. & Duguay, P., 2013. The Costs of Occupational Injuries: A Review of the Literature, Canada: Scientific Division, .IRSST
Mekkodathil, A., El-Menyar, A. & Al-Thani, H., 2016. Occupational injuries in workers from different ethnicities. International Journal of Critical Illness & Injury Science, 6(1), p. 25–32.