ABSTRACT
A common method is to measure the number of accidents that occur. There have been many calculations done which tell us that each Lost Time Injury (‘LTI’) costs somewhere between $27,000
2to the organization. So if we simply take the number of accidents that have occurred this year, compare that to last year’s numbers, and then multiply the difference by the fi nancial statistic of your choice we have something tangible to offer up …
Thirty fewer LTIs this year means we’ve saved almost $1.3 million.
