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LTIFR - The Cost Which Lurks Beneath

 

 

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LTIFR is a valuable OHS measurement, but do not be lulled into believing that it demonstrates any kind of performance measurement in workers’ compensation beyond how good your organization is at providing suitable duties. The cost of ignoring the other data which lurks around and below LTIFR can be significant and the consequences of ignoring this information can be costly. 
So the next time you are admiring the reduction in your organizations lost time injury frequency rate – ask how the workers’ compensation claims statistics are tracking. If you are not seeing a corresponding drop in costs and severity in the workers’ compensation claims data you perhaps need to consider more closely how your organization is really managing injuries in your workplace.

 


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