Personal injury risk management in companies

• Work-related personal injuries, WRPI, lead to human suffering and costs for the community, companies and individuals. Action to reduce the risks must be taken in companies and therefore it is important that companies have adequate knowledge and methods of systematic risk management. However, many companies and organisations lack relevant knowledge about WRPI risks and their consequences. This paper presents two new methods, the Method for Analysing Work related Risks, Improving work environment and estimating total Cost (MAWRIC) and the method for Statistically-based Cost Analysis (SCA). These can be used for risk assessment, for proposing risk-reducing measures and for estimating economic consequences of risks and measures. An example from the construction industry shows that the costs associated with personal injuries may represent 2 % of company turnover and be at the same level as the company's total profit. Only when decision-makers realise the economic consequences of WRPI risks, both for individuals and for their company, does a real interest and incentive for risk reduction arise. It is concluded that the two methods presented can be used as tools to bring risk-associated questions up to management level and to lower WRPI risks and the costs associated with such risks.

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