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