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Workplace Injuries: The Real Cost

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In 2015/16, disturbingly high 144 workers were killed as a result of a workplace accident – fortunately, this number decreased slightly in 2016/17 to 137 workers, yet. Whilst the number is still worryingly high when comparing the past two years’ figures with 2006/07 when there were 247 deaths in the workplace, it is clear that health and safety are slowly, but surely, improving.

There is also a significantly high amount of non-fatal injuries in the workplace– in 2015/16 there were 621,000 workers who experienced non-fatal injuries as a result of a working accident, according to self-reports in Labour Force Survey in 2015/16 and an additional 72,702 injuries as reported by employers.

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Many injuries lead to days off from work. Of those self-reported injuries, 200,000 of them led to over three days absence from work, and 152,000 of them led to over seven days absence.All 72,702 injuries reported by employers lasted over seven days. According to Healthy and Safety Executive, these injuries cost companies on average 7.2 days of work per case – that’s a huge 4.5 million working days lost. Can businesses afford that loss?

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What was the most common cause of fatal and non-fatal injuries?

Of the 621,000 non-fatal injured workers in 2015/16, 20% were injured when handling, lifting or carrying objects, with 19% injured by slipping or tripping in the workplace and 10% being hit by a moving object – all factors that can be addressed within the workplace to ensure injuries are prevented.

Being struck by a vehicle was the most common cause of death in terms of fatal injuries in 2016/17– out of the 137 deaths, 31 of them were caused by a moving vehicle. 25 deaths were caused by falling from a height and 20 deaths when struck by a moving object. Health and safety training and regulations are key for businesses to prevent these accidents.

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Workplace Ill Health

It is not only workplace injuries that lead to a loss of working days. In 2015/16 there were 1.3 million workers suffering from a work-related illness, of which stress, depression, and anxiety (0.5 million workers) and musculoskeletal disorders (0.5 million workers) were the most common illnesses.

It is likely that ill health in the workplace could be costing businesses a larger amount of lost working days than workplace injuries as it is a lot more likely to occur than an accident. According to the Labour Force Survey in 2015/16. They estimated that there were 25.9million working days lost due to work-related illness, based on self-reports. But just how much does the loss of working days actually cost businesses?

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How much are workplace injuries costing companies?

Workplace injuries are costing companies large amounts of money. In 2014/15, the combined cost of workplace injuries and work-related ill health cost a huge £14.1 billion – of which £2.8 billion is paid out by employers. 34% of the annual bill, £4.8 billion, was spent on workplace injury costs. This is usually paid as statutory sick pay. In some cases, employees might be paid extra whilst on the sick depending on the nature and severity of the workplace accident and injury. The other 66% of the annual bill, £9.3 billion, was paid out for work-related illnesses.

However, this amount doesn’t cover any potential work-related illness and as well as accident at work claims from employees to their employer. If employers are already paying out £2.8 billion in costs, can they afford to pay out additional costs in claims?

This in turn highlights the importance of health and safety in the workplace – not only for your employees, but also so that companies do not lose money. And with 92 members of the public also killed in 2016/17 due to work-related activities, it is clear that it is not just the safety of your employees that should be at the forefront of any company policy, but the public too.

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