The True Cost of "Work Related Injuries"

There are companies that feel that the cost of purchasing and installing proper safety devices on all of their conveying and storage equipment is too costly and may slow down production. These companies should take the time to analyze the true cost of just one work related injury and compare that cost to the purchase and installation of the approved safety devices and labels that could prevent that injury.

The U.S. Occupational Safety and Health Administration (OSHA) has proposed penalties of $100,000 or more for many recent alleged failures to protect workers from potential hazards, including many that could have been avoided or mitigated by safety equipment. A manufacturing company in the Northwest was heavily fined for exposing employees to safety hazards, including inadequate machine guarding and failure to train employees in lockout/tagout procedures.

The costs of a work related injury go far beyond hospital stays and medical bills incurred to treat the injury. There are many other variable costs to be considered as shown in the following list:
Production Downtime
Workers Compensation Benefits
Loss of Experienced Operator
Placement & Training of New Operator
Major Fines From Regulatory Agencies
Possible Damage to Equipment or Tooling
Internal and External Investigation (Regulatory Agency)
Expenditures to Bring Conveying & Storage Equipment Into Safety Compliance
Management Time to Review, Resolve Problems and Implement Changes
Emotional impact / Drop in Co-workers Morale
Probability of Major Lawsuit
Tarnished Business & Public Image
Long-term Physical and Emotional impact on Injured Employee
Increased Insurance Rates
After calculating the true costs of a work related injury, those companies who feel that the cost of meeting their safety obligations is too high, often realize that safety doesn’t really cost... it pays!

Conveyor & Storage Equipment Safeguarding . . . a Commitment Your Company Should Make!
What is the motivation for making a commitment to safeguard the equipment that is used for the transportation and storage of the products and materials that your company produces? Combination Design believes that the primary and most important motivation for safeguarding is to protect the sanctity of human life and limb. Every company should realize that their human resources are their most important asset.
  • The protection of your employees is not based on the fact that there are regulatory standards that must be met, but rather the higher standard of the ethical obligation to insure that all of your staff leaves work in the same physical condition as when they arrived.
  • The value of seeing that every employee has the opportunity to work in a safe environment far exceeds the economic consequences that are associated with work related injuries.
  • The same safety devices and labels that can reduce the severity or eliminate injuries to employees that work around or perform service maintenance to material handling equipment provide a line of defense against the financial expenses associated with each injury.
  • In pure economic terms, there are obvious advantages to properly safeguarding your equipment.

No company wants any of their valued staff to suffer an injury, and employers do not want to deal with the financial “after effects” associated with a work related injury. The reason for using equipment safety devices is clear, because wherever a worker has access to a hazardous area during the equipment operation, it’s not if an injury will take place, but rather when the injury will take place.

Combination Design is Committed to Safeguarding Man, Products and Equipment.

Combination Design is committed to the design and engineering of the safety devices and systems that will meet or exceed the safety standards established by the Conveyor Equipment Manufacturers Association (CEMA) and Rack Manufacturers Institute (RMI).

Combination Design is recognized throughout the industry for innovation and quality. Our goal is to make it possible for companies across Northeast to have the opportunity to protect their employees with the most reliable safety solutions available in the industry.

SAFETY
With offices in Southern Massachusetts, we are well-positioned to serve clients throughout the Northeast.

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