Workplace safety has a positive impact on a company’s financial performance, according to 95% of US business executives. A survey compiled by Liberty Mutual says 60% of executives believe that companies receive a return on the investment needed to improve workplace safety.  And 70% reported that protecting employees is a leading benefit of workplace safety.

The survey found the two major costs associated with workplace accidents in the US: direct costs through payments to employees and their medical care providers; and indirect costs such as lost productivity and overtime costs.

It also compared the findings on indirect costs with its own research on the direct costs of workplace accidents and illness, calculating that US businesses are paying around $US300 billion on workers comp losses each year.