Tag Archives: Financial Costs

The Cost Of Accidents At Work – Institute of Occupational Safety and Health (IOSH) Release Statistics

According to statistics recently released by the Institute of Occupational Safety and Health (IOSH), worker accidents cost businesses almost £8 billion a year in compensation.

In addition, employee absenteism due to illness costs UK employer’s around £12.2 billion every year. This means that between 2% and 16% of the UK’s annual wage costs is spent on sickness pay.  

Both of these costs could be severely reduced by promoting a positive health and safety culture in the workplace. Please contact us to find out how we can help your company make a saving.