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Dr. Jukka Takala Director

Welcome to the European Agency workshop on “Economic incentives to improve occupational safety and health”. Dr. Jukka Takala Director. Economic Incentives in times of recession. Lack of investment in safer working conditions can threaten the existence of many enterprises

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Dr. Jukka Takala Director

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  1. Welcome to the European Agency workshop on “Economic incentives to improve occupational safety and health” Dr. Jukka Takala Director

  2. Economic Incentives in times of recession • Lack of investment in safer working conditions can threaten the existence of many enterprises • 60% of SMEs that have a disruption lasting more than 9 days go out of business (HSE, 2005). • The relative impact in SMEs is greater than on comparable larger enterprises • Key workers cannot be easily or quickly replaced • Short-term interruptions of business can lead to loss of clients and important contracts. • Investment in workplace health promotion leads to Returns on Investment (ROI) between 2,5 € and 4,8 €.

  3. Economic Incentives in times of recession • Estimated costs of work related accidents and ill-health in the EU are between 2 and 4 % of GDP. • Well designed economic incentives can lead to lower accident rates and reduced costs for the whole economy • More economic incentives is called for in in the new community strategy 2007-2012 • Objectives of this meeting • Discuss first results of the project • Exchange knowledge on economic incentives

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