The ROI on $1 Spent on Safety -  A recent Liberty Mutual poll of

executives shows that for every $1 spent on direct costs related to

an accident, there are another $3 to $5 worth of indirect

costs...putting the actual cost of an accident (with direct medical

and compensation costs of $15,000) at somewhere between

$45,000 and $75,000. Most executives polled by Liberty Mutual

said that for every $1 their company spent on workplace safety,

they saved at least $3. In a recent poll of financial decision

makers the participants perceived that on average for every dollar

spent improving working place approximately $4.41 would be

returned.

Resource: ASSE (pdf)

In July of 2009, the Associated General Contractors Oregon-

Columbia Chapter (AGC) and SAIF Corporation announced that a

$14,518,778 million retrospective return for the 700 companies

participating in the 2007–2008 AGC/SAIF group workers’

compensation program. This represents a 34 percent return of

paid premiums during the policy year, and is the largest retro

return paid in the group’s 17 year retro payout history. The actual

payout to participants will surpass $16 million after the

Department of Consumer and Business Services (DCBS) and

non-disabling claim reimbursement adjustments are made.