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Cost-Benefit Analysis of Various Company Occupational Safety Activities.

PB95219523

Publication Date	1978
Personal Author	Rinefort, F. C.
Page Count	152
Abstract	The relationships between the monetary cost of occupational safety and health loss control activities and the monetary cost of work related injuries were investigated. Information was obtained from chemical, paper and wood product manufacturing companies in Texas by 54 on site interviews and a postal survey completed by 85 companies. A strong correlation was noted between top management interest and the work injury frequency rate. A forced choice procedure was used to determine the factors which most effectively reduce work injuries: top management interest, new employee orientation, guarding, safety meetings, and safety inspections. The findings indicated that Texas chemical companies spent more money to prevent work injuries and experienced relatively low work injury costs compared to paper manufacturers. The author concludes that a correct combination of safety and health loss control activities, rather than greater monetary expenditures, explained differences between work injury costs for firms of similar size in the same industry. The firms with lower work injury costs usually spent somewhat smaller amounts on loss control activities than did firms which had higher work injury costs.
Keywords	Occupational safety and health Cost benefit analysis Risk factors Occupational exposure Industrial hygiene Woodworking industry Chemical industry Paper industry Programs
Source Agency	National Institute for Occupational Safety and Health
NTIS Subject Category	57U - Public Health & Industrial Medicine 68G - Environmental Health & Safety 44Q - Health Related Costs
Corporate Authors	Rinefort (Foster C.) and Associates, Terre Haute, IN.; National Inst. for Occupational Safety and Health, Morgantown, WV. Div.
Supplemental Notes	Sponsored by National Inst. for Occupational Safety and Health, Morgantown, WV. Div. of Safety Research.
Document Type	Technical Report
NTIS Issue Number	199516
Contract Number	NIOSH-75-3421

Cost-Benefit Analysis of Various Company Occupational Safety Activities.

Cost-Benefit Analysis of Various Company Occupational Safety Activities.
PB95219523

Publication Date	1978
Personal Author	Rinefort, F. C.
Page Count	152
Abstract	The relationships between the monetary cost of occupational safety and health loss control activities and the monetary cost of work related injuries were investigated. Information was obtained from chemical, paper and wood product manufacturing companies in Texas by 54 on site interviews and a postal survey completed by 85 companies. A strong correlation was noted between top management interest and the work injury frequency rate. A forced choice procedure was used to determine the factors which most effectively reduce work injuries: top management interest, new employee orientation, guarding, safety meetings, and safety inspections. The findings indicated that Texas chemical companies spent more money to prevent work injuries and experienced relatively low work injury costs compared to paper manufacturers. The author concludes that a correct combination of safety and health loss control activities, rather than greater monetary expenditures, explained differences between work injury costs for firms of similar size in the same industry. The firms with lower work injury costs usually spent somewhat smaller amounts on loss control activities than did firms which had higher work injury costs.
Keywords	Occupational safety and health Cost benefit analysis Risk factors Occupational exposure Industrial hygiene Woodworking industry Chemical industry Paper industry Programs
Source Agency	National Institute for Occupational Safety and Health
NTIS Subject Category	57U - Public Health & Industrial Medicine 68G - Environmental Health & Safety 44Q - Health Related Costs
Corporate Authors	Rinefort (Foster C.) and Associates, Terre Haute, IN.; National Inst. for Occupational Safety and Health, Morgantown, WV. Div.
Supplemental Notes	Sponsored by National Inst. for Occupational Safety and Health, Morgantown, WV. Div. of Safety Research.
Document Type	Technical Report
NTIS Issue Number	199516
Contract Number	NIOSH-75-3421