Safer, healthier, wealthier — the economic value of reducing work-related injuries and illnesses
Lauren FinestoneWhat’s the economic impact of work-related illness or injury? Safe Work Australia engaged Deloitte Access Economics find out. A ground-breaking economic modelling approach shows that our economy could be a lot better off with better work health and safety.
Work-related injuries and illnesses happen in all industries and occupations. Over 120,000 workers are compensated for a serious work-related injury or illness every year. This doesn’t just affect the worker and their employer. It imposes a financial burden the community through healthcare costs, reduced work participation and loss of productivity. But how much is that burden? Safe Work Australia engaged Deloitte Access Economics to...
Published 09 December, 2022