Expenditure data needs more depth

An August 2018 report from Ontario’s Institute for Work and Health (IWH) opens stating:

“Whilst the financial cost of work-related injury and illness are well known, limited information is available on what employers spend to control or eliminate the causes of work-related injury and illness.”

This is questionable. The cost of traumatic injuries may be well-known and the cost to business may be well-known but only if one exempts the cost of work-related psychological health, as this survey seems to do, and only if one considers the related business costs as almost entirely workers’ compensation. There is a swag of operational and social costs for work-related harm that also seems not to have been calculated.

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Categories business, economics, evidence, OHS, Premium, research, safety, statistics, survey, Uncategorized