No one wins when you experience a workplace injury. Employees experience pain and suffering as well as financial loss due to the lesser pay-out of
workers compensation. And employers suffer due to loss of production and increased insurance premiums. The best way to minimize this is to be proactive by understanding what to look for in the workplace.
The Travelers Cos, the New York City-based insurance giant, recently released its Injury Impact Report in which they analyzed more than 1.5 million workers compensations claims filed between 2010 and 2014 from a variety of business sizes and industries.
The five most common workplace injuries include strains, sprains, cuts, punctures, contusions, inflammation, fractures or chronic sicknesses resulting from a type of work (e.g., a skin disease caused by chemical exposure). On average, an employee who experiences a sprain will miss 57 days of work, followed by cuts and punctures at 24 days. Of the most common injuries – inflammation and fractures caused the most time away from work at 91 and 78 days respectively.
What this means for employees is that regardless of how long you’ve worked at your job you don’t want to become so comfortable in your environment that you are no longer cautious. For employers, it means that in order to keep productivity up and insurance premiums down, maintain a safe workplace for your employees. A little bit of effort will pay dividends in the future.
NEC is one of the largest independent insurance brokers in Missouri offering business and personal insurance, risk prevention, and financial services. Our size allows us to provide you with the best price for the depth of services you receive. Contact us today for more information at 636.271.2481 or visit NECins.com.