This metric, derived from a standardized method established by the Occupational Security and Well being Administration (OSHA), quantifies the variety of recordable office accidents and sicknesses per 100 full-time workers throughout a one-year interval. For instance, an organization with 200 workers and 4 recordable incidents would have a price of two.0. This calculation gives a constant foundation for evaluating security efficiency throughout completely different organizations and industries, no matter dimension.
Monitoring and analyzing these figures permits companies to establish traits, consider the effectiveness of security packages, and benchmark their efficiency towards trade averages. By proactively addressing potential hazards and implementing corrective actions, organizations can domesticate safer work environments, cut back worker downtime, and reduce related prices, together with staff’ compensation and potential fines. The flexibility to show a low incidence price may also improve a company’s fame and contribute to a optimistic model picture.
