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Cost/Benefit Analysis

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A Conceptual Framework Of Cost/Benefit Justification For Ergonomic Projects To Reduce Musculoskeletal Disorders In The Workplace, Nitipong Boon-Long May 2001

A Conceptual Framework Of Cost/Benefit Justification For Ergonomic Projects To Reduce Musculoskeletal Disorders In The Workplace, Nitipong Boon-Long

Dissertations

A framework for justifying ergonomic projects to the overall cost savings is developed which estimates the extent of musculoskeletal disorders (MSDs) exposures to a specific industry. A cost structure is developed to estimate the investment needed for an ergonomics program and the costs related to MSDs problems including workers' compensation costs, work-related costs, and labor turnover costs. Data was adopted from sources including Bureau of Labor Statistics (BLS), the Healthcare Cost and Utilization Project (HCUP-3), and estimates suggested in OSHA's former Ergonomics Standard. Top fifteen manufacturing industries with the highest MSDs rates were selected to apply the framework. Results showed …