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Cost Justification

"If you can't afford to do it right, can you afford to do it again?"

 
► Avoid current expenses: Workers' compensation costs, facilities and maintenance costs
► Reduce other injury related costs: overtime, training and supervision, replacement employees .
► Enhance existing performance: faster, better, safer and probably less expensive
► Increase work product quality: fewer errors in the product
► Enhance quality of work life: less turnover

The 2% Productivity Gain

 
The following figures are based on a 50 week work year, 40 work hours each week:
 
► 50 X 40 = 2000 hours worked each year.

► If you can increase productivity by only 2%, that is an extra 40 hours (one full work week!) gained each year.

► 2% of an 8 hour work day is 10 minutes.

► How does this translate into ergonomics? Well, for example, studies have shown that people who have the opportunity to alternate between sitting and standing at their workstations are up to 20% more productive each day.

Not 2%. 20%!

 
► A $30/K employee delivers approximately $600 more per year if s/he finds only 10 minutes of increased productivity each day.
  

 

Heath Risk Cost Avoidance

 
►The average upper extremity CTD injury costs $10K to mitigate. In 1997, 3% of American workers experienced a CTD or related symptoms.

►What percentage of your company's employees suffer from or have the symptoms of a CTD? How much would your company save by reducing that number?

►What are those associated costs? They include, but are not limited to: workers' compensation insurance increases, disability pay, overtime for remaining employees, lower quality and productivity during the onset of the injury and the associated replacement costs, replacement employees & their associated recruitment & training costs, etc.

►Ergonomics can help to avoid, or even eliminate, the risk of a CTD.

Employee Churn-Rate Savings

►New employee & recruitment & training costs can average thousands of dollars per employee. These costs can include, but are not limited to: advertising, HR employee salaries, interviewing, paperwork, replacement employees, inside and outside training, overtime for current employees, lower productivity during the learning process, lower quality and associated replacement costs during the learning period, etc.

►How much would your company save by reducing its churn rate by only 1 or 2 employees per year? Higher morale, a more positive working environment and increased comfort are factors that have proved effective in retaining employees for longer periods of time. Ergonomics can influence them all!