OHS ROI pilot research in Queensland

Work Health and Safety Queensland (WHSQ) recently revealed some early research into the Return on Investment (ROI) of occupational health and safety (OHS) controls. (Thanks to a reader for pointing it out) According to its website:

“Recent pilot research in several Queensland  organisations found clear evidence of the cost effectiveness of safety interventions, including:

  • an automatic shrink wrapping machine at Rexel’s Tingalpa distribution centre that had an ROI of around $1.82 for every $1 of costs, and a payback of upfront costs of less than three years
  • an ergonomics intervention at BP Wild Bean Cafés with an ROI of $2.74 for every $1 of costs and a payback within the first month
  • a workplace health and wellbeing program at Port of Brisbane that had an ROI of $1.58 for every $1 of costs and a payback of 15 months.”

None of this “pilot research” is publicly available so it is not possible to verify the data. (WHSQ has been contacted for further information for a follow up blog article)  

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National OHS performance indicators needed

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Since the release of the 2015 Citi report into the occupational health and safety (OHS) performance of the companies in the ASX200 stick exchange rankings, this blog has received many requests for a copy of the report to assist in the benchmarking of performance. Clearly performance indicators for OHS remain contentious and difficult but this does not need to be the case.

Citi’s recent report stated that key performance indicators (KPIs) should meet three needs:

  • “internal monitoring for continuous improvement to reduce incidents;
  • benchmarking and sharing lessons within the industry; and
  • transparent disclosure to stakeholders.”

Continue reading “National OHS performance indicators needed”