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Figuring Your Rates

Figuring Your Rates. OSHA Frequency & Severity Rates. What They Tell You. Frequency Rate- # of accidents per 100 employees. Severity Rate- # of lost workdays per 100 employees. Why Calculate Them?. Compare your accident prevention progress Benchmark against others in your industry

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Figuring Your Rates

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  1. Figuring Your Rates OSHA Frequency & Severity Rates

  2. What They Tell You • Frequency Rate- # of accidents per 100 employees. • Severity Rate- # of lost workdays per 100 employees.

  3. Why Calculate Them? • Compare your accident prevention progress • Benchmark against others in your industry • Friendly competition

  4. What Do You Need? • Employee hours worked • OSHA Log • Calculator

  5. The Formula • (Variable X 200,000) / Employee Hours The 200,000 brings you to a rate equivalent to 100 full-time employees

  6. Other Rates • Cost per employee hour • Rates per internal variables • Fleet accidents per million miles • Claims per revenues/profit margin

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