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By Dean L. Gano
“How Much Is Safety Worth”, Reasoning and Problem Analysis –September, 1999
Copyright © 1999 Apollo Associated Services, Inc. All Rights Reserved.
Page 1 of 3
*This figure indicates the value of goods or services each worker
must produce to offset the cost of work injuries. It is an average
number derived from looking at all injuries from all work sources.
For each 1000 employees, the cost of injuries is $960,000. (If you
have actual cost of injury losses for your company use them
instead.)
“How Much Is Safety Worth”, Reasoning and Problem Analysis –September, 1999
Copyright © 1999 Apollo Associated Services, Inc. All Rights Reserved.
Page 2 of 3
For example: if we were to decrease the effectiveness or the cost of
injuries by a factor of ten we would still get an ROI of about 100%.
If we apply the Apollo method to near misses the number of
problems is reduced by a factor of ten and the savings is tenfold.
With Apollo RCA, employees understand that stuff does not just
happen but rather everything has a cause and it can be known and
documented in a simple chart. This knowledge will prevent
problems in the first place and increase your ROI even more.
Training everyone in your company to be more effective problem
solvers should be one of your highest priorities and the cost is
insignificant when compared to the return on investment.
“How Much Is Safety Worth”, Reasoning and Problem Analysis –September, 1999
Copyright © 1999 Apollo Associated Services, Inc. All Rights Reserved.
Page 3 of 3