OSHA estimates a recordable incident has a direct cost of $7,000 and a workplace fatality is $910,000, in addition to indirect costs at three times those amounts.
The good news is that many workplace injuries and incidents can be predicted before they happen.
The Insight Report, The More You Know: How Safety Analytics Raise the Bar in Operational Excellence explains how predictive analytics help to improve employee safety and minimize potential workplace hazards. Learn about:
- Leading and lagging indicators for analytics
- Predictive analytics to reduce workplace hazards
- A six-step plan to move beyond traditional EHS metrics
If you missed Part 1 of The More You Know series, you can download it here.