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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

  • Occupational safety and health
  • Cost benefit analysis
  • Risk factors
  • Occupational exposure
  • Industrial hygiene
  • Woodworking industry
  • Chemical industry
  • Paper industry
  • Programs
  • National Institute for Occupational Safety and Health
  • 57U - Public Health & Industrial Medicine
  • 68G - Environmental Health & Safety
  • 44Q - Health Related Costs
  • NIOSH-75-3421
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