Serious claims and workplace incidents remain costly to organisations in terms of lost productivity, compensation, and insurance premiums.
The latest data from Safe Work Australia shows:
- 6 serious claims per million hours worked;
- The median lost time for claims is 5.2 weeks;
- A median compensation of $10,800 paid per claim;
- 45% of all incidents are a result of physical and mental stress.
Why employee wellbeing matters
Safety remains forefront, and best-practice organisations are acknowledging the direct link between safe workers and healthy workers.
By integrating current workplace health and safety practices with a health and wellbeing program, you can:
- Increase staff engagement, reduce turnover and experience higher productivity
- Reduce costs resulting from absenteeism, accidents/injuries, and work-related ill health
- Greatly decrease employee risk exposure by helping them make healthy lifestyle choices
Join Dr. David Batman, Occupational Health Physician, Former Head of Occupational Health, Safety and Employee Wellbeing for Nestle in the UK and Ireland and Virgin Pulse Science Advisory Board Member, on July 25th at 4:30pm AEST to explore the relationship between employee wellbeing and health & safety performance.
- How health and safety and employee wellbeing link in the workplace
- Why traditional approaches to occupational health and safety don't adequately address all risk factors
- The cost of employee lifestyle issues as related to personal and business health and safety
- What you can do to create and strengthen safety culture
Reference: Safe Work Australia / Key Work Health and Safety Statistics, Australia 2017