This metric, derived from a standardized components established by the Occupational Security and Well being Administration (OSHA), quantifies the variety of recordable office accidents and sicknesses per 100 full-time staff throughout a one-year interval. For instance, an organization with 200 staff and 4 recordable incidents would have a charge of two.0. This calculation supplies a constant foundation for evaluating security efficiency throughout completely different organizations and industries, no matter measurement.
Monitoring and analyzing these figures permits companies to establish traits, consider the effectiveness of security applications, and benchmark their efficiency in opposition to business averages. By proactively addressing potential hazards and implementing corrective actions, organizations can domesticate safer work environments, cut back worker downtime, and reduce related prices, together with employees’ compensation and potential fines. The flexibility to reveal a low incidence charge may improve a corporation’s repute and contribute to a optimistic model picture.