From 1999 to 2002, the number of lost-time cases per 100 full-time employees in firms surveyed by The Conference Board declined by an average of more than 40 percent. Recorded incidents declined an average of more than 23 percent. Both trends are consistent with OSHA statistics.
What's driving these impressive results? Execs view accidents and injuries as both unacceptable and costly, according to The Conference Board. They believe business strongly benefits from workplace safety programs — through reduced costs, improved morale and increased productivity.