Minimizing Workplace Accident Costs Through Effective Risk Management

The summation of losses from workplace incidents is verified by taking into account the damage to the physical and mental integrity of the worker, the losses incurred by the company, and other costs accruing to society.

Impact on Workers

Statistics show a significant number of workers prematurely deceased or unable to work due to accidents. Those who survive are affected by damage that manifests itself in:

• Physical and mental suffering
• Need for surgeries and remedies
• Unemployment and marginalization
• Helplessness for the family

Direct and Indirect Costs of Accidents

The total cost of an accident is the sum of two parts: the direct cost (or insured cost) and the indirect cost (or uninsured cost).

The direct cost typically refers to monthly Social Security payments for accident insurance, as guaranteed by law.

Cost Ratio

The relationship between direct and indirect costs is often estimated at 1 to 4, meaning indirect costs are significantly higher.

Uninsured Costs for Companies

Uninsured costs significantly impact the company through the following items:

• Covering sick leave
• Training of replacements
• Increased insurance premiums
• Contractual charges and penalties
• Payment of overtime
• Fines or tax penalties

Societal Impact and Prevention Benefits

Workplace accidents frequently affect individuals in the 20 to 30 age range, who are typically in full physical condition. These individuals are crucial to businesses and society, and their absence creates a need for:

• Urgent medical help and medication
• Surgical interventions
• Increased taxes to support healthcare
• More hospital beds
• Reduction of the working population

The adoption of good health and safety practices in the workplace, in addition to preventing accidents and diseases, protects against unforeseen incidents. This approach reduces costs, optimizes the company's concept and image among customers, and enhances its competitiveness.

Analyzing Workplace Risks

Preliminary analysis of work conditions involves understanding:

• A worker's exposure to a source of danger
• When and how frequently the worker is in contact with the source
• The distance between the worker and the danger source

Defining Risk and Danger Sources

Risk will always be present where there is a source of danger. A source of danger can be equipment, tools, or a hazardous condition of workers.

Key programs for occupational health and safety include: PCMSO (Occupational Health Medical Control Program) and PPRA (Environmental Risk Prevention Program).

Benefits of Risk Management for Businesses

Effective risk management offers numerous advantages for companies:

• Prevents and reduces accidents and diseases
• Protects the physical and mental integrity of employees
• Decreases absenteeism
• Eliminates damage and losses
• Reduces insurance claims and premiums

Methods for Risk Assessment

There are various forms to assess risks:

Qualitative Assessment

Known as the primary method, it uses only the sensitivity and experience of the evaluator to identify existing risks.

Quantitative Assessment

This method involves measuring and comparing data to establish measures to eliminate or control risks.

The Risk Map

A risk map is a graphical representation of risks through circles of different colors and sizes, allowing for easy development and visualization. It is a participatory tool, often developed by the workers themselves.