H5: How Ergonomics-Related Injuries Impact Corporate Financial Statements

Ernest N. Morial New Orleans Convention Center 

Room: 388 

CM Credit Hours: 1 

This session quantifies the financial impact of ergonomics-related injuries such as musculoskeletal disorders [MSDs) within the workplace. It links these injuries to specific line items across an organization's financial statements, including, income statement, balance sheet, and cash flow statements, revealing detrimental effects on cost of goods sold, operating margins, productivity, and equity.

This session will demonstrate how proactive ergonomics programs significantly reduce injuries and associated costs while improving productivity and financial performance. Recommendations are provided to help IH professionals communicate these insights effectively to business stakeholders and financial shareholders.

Upon completion, the participant will be able to:
• Quantify the economics burden of ergonomics-related injuries in the workplace and the role of interventions.
• Link injuries to line items on financial statements including income statement, balance sheet, and cash flows.
• Strategize ways to help IH professionals articulate the financial value of investing in ergonomics-related prevention strategies. 

Intermediate

Ergonomics

IH/OH Program Management

Ergonomics

OHS Management systems, auditing, and compliance

In-person

OnDemand

Professional

Case Studies

Lecture Only

Practical Application