Filing a workers’ compensation claim draws attention to workplace hazards and helps prevent harm to colleagues and other workers across the country. Work injury claim data provides a clear picture of the risks that exist within the workplace. Claims data contributes to the development of new regulations and safety solutions that protect workers.
Overlooking the Data
The overwhelming majority of companies overlook data that could be used to save people’s lives. According to Marsh, only 29% of companies use data for strategic planning. At the same time, 47% of risk professionals state they consider using this information to improve safety within the facilities they are responsible for managing.
When queried as to why these individuals and c-suite executives didn’t dig deeper into the data, cost and difficulty explaining the benefits of changing modus operandi were the most commonly cited obstacles. Essentially, a significant percentage of respondents to Marsh’s survey stated that worker safety isn’t a high enough priority to invest the time and resources necessary to examine safety data and make responsible changes.
Data Ultimately Cuts Costs
Injured workers and those who die in work-related accidents cut deep into companies’ bottom lines, resulting in higher turnover, diminished productivity, and higher legal and insurance costs. Ultimately, examining safety data is one of the most valuable investments a company can make. It saves lives and money and provides greater opportunities for workers.
The Past Predicts the Future
Past accidents create a baseline to assess current risks and future disasters. Every workers’ compensation claim that is filed against an employer establishes these hazards. Whether it’s a fall from heights, contact with electricity, or a caught-in-between accident, a claim establishes patterns of behavior. They show deficiencies within the workplace safety plan. They identify known risks and the rates of injuries that occur.
Companies that track this data can implement solutions that protect their workers. If companies choose not to self-regulate, legislators and regulators can pass laws and regulations that enhance safety standards and requirements. The end result is fewer injuries and fatalities. As such, workers have a responsibility to themselves and to their colleagues to file workers’ compensation claims. Filing a claim just might prevent the next person from suffering a disabling or fatal work-related accident.