Cost of Fall Injuries

See the cost of fall injuries in construction Being injured in a fall has devastating effects for both the employee and the employer. Employees obviously have to deal with the physical injury itself and subsequent recovery. Employers face citations from governing agencies like OSHA, compromised employee morale, and more. However, there are also substantial monetary consequences for a fall injury, both for the employee and employers.  The Monetary Costs of Fall Injuries Falls continue to be a leading cause of death in the construction industry, accounting for over 30% of fatalities. Injuries from falls account for a large amount of all work-related injuries as well—25% of all non-fatal injuries requiring days away from work are caused by slips, trips, and falls, according to the National Safety Council (NSC). For an employee, the costs of a fall injury are numerous in addition to the injury itself and any accompanying trauma. There’s the cost of lost time and wages from recovering rather than at work. The average time out of work for an injury due to a slip, trip, or fall averages 12 days, according to NSC data. If an injury is severe enough, an employee may not be able to return to construction, forcing him or her to look to another industry for work. While there is no way to put a dollar amount on the cost of a fall injury for an employee, the physical, emotional, and monetary costs can be devastating. For an employer, the monetary costs of a fall are much easier to calculate. Employers bear the burden of medical care for the employee and any fines they may be assessed by governing agencies like OSHA. Additionally, employers also have the costs of lost work time and productivity, insurance costs, hiring a replacement, lost company reputation, and damage to worker morale. In terms of monetary loses, the 2018 Liberty Mutual Workplace Safety Index put the cost of fall injuries at $5.85 billion for direct compensation costs only. With 48,060 injuries from falls, that averages out to over $122,000 for the cost of each fall injury. At Safe Keeper and Safe Climber, we know that every fall is preventable. Wearing the appropriate fall protection equipment, using it correctly, and being properly trained in fall safety are necessary for preventing falls. Our line of high-quality fall protection products and accessories, like harnesses, self-retracting life lines, anchorage, and confined space equipment, as well as ladder safety systems are all designed to save lives!
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