The purpose of this study was to examine the total direct costs
of occupational injuries as they relate to workers compensation
allocations within a self-insured firm.
Through the use of a model, this study provides financial impact
information for safety professionals by defining the total direct
costs of occupational injuries.
The investigator constructed a model which traced actual workers
compensation allocations over a five year period at a division of
Hewlett-Packard in Corvallis, Oregon.
The objective of this model was to compare actual workers
compensation cost history with that of adjusted workers compensation
cost data to determine the total direct costs that occupational
injuries have on the division's workers compensation cost allocations.
This study indicated that injuries produce cost impacts to
divisions well beyond the injury compensation costs reported by
insurance carrier payment summaries. The study at this specific
Hewlett-Packard division in Oregon indicated total costs at 1.7 to 1.9
times the actual cost of workers compensation reimbursements.
This study supports the need to continue research efforts that
will further refine the identification of total injury costs and the
impact these losses have on the business performance of a company. / Graduation date: 1993
| Identifer | oai:union.ndltd.org:ORGSU/oai:ir.library.oregonstate.edu:1957/37346 |
| Date | 12 May 1992 |
| Creators | Lyster, Dale M. |
| Contributors | Veltri, Anthony |
| Source Sets | Oregon State University |
| Language | en_US |
| Detected Language | English |
| Type | Thesis/Dissertation |
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