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Hidden costs of accidents can finance safety programs
Author(s) -
Van Dyke Robert P.
Publication year - 1983
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1983.tb05069.x
Subject(s) - business , finance , actuarial science , occupational safety and health , medicine , pathology
Since the number and severity of on‐the‐job accidents in the water utility industry exceed the figures for industry as a whole, safety programs for workers are increasingly important in terms of cost savings as well as employee morale. Costs that are not normally identified as injury expenses are more than sufficient to finance safety programs.