Workers' Compensation Tops $1 Billion a Week

Posted By Meyerkord & Meyerkord, LLC || 16-Jan-2017

Liberty Mutual has released the new Workplace Safety Index and reports that each year U.S. businesses spend more than $1 billion dollars a week on serious, nonfatal workplace injuries. This equals nearly $60 billion dollars a year that is directed to workers’ compensation costs each year. The insurance company has also issued a list of the top ten injury causes that affect businesses yearly. Overexertion caused by outside sources ranks number one of causes of workplace injuries with 23% of total injuries. Falls on the same level equaled 17.7%, falls to a lower level was third at 9.2% and being struck by equipment or an object was 7.4%

Workplace injuries can be as small as a slip or trip to a more severe injury like a devastating fall. Companies across the U.S. are responsible for the safety of their employees. Safety programs are put in place to protect employees from potential dangers of the job. If you or anyone is hurt on the job it is important to alert your supervisor or boss of any accident. Even if the injury is minor, it should still be reported because this may mean that a hazard needs to be addressed. Any time an employee notices a workplace hazard, they should report it immediately. Companies are responsible for providing a safe workplace and should follow up on any concerns from employees. If a workplace accident has resulted in your suffering injuries, contact a personal injury attorney. An attorney can help determine if the company is liable for your injuries and help pursue legal action.

The personal injury attorneys at Meyerkord and Meyerkord, LLC have decades of experience helping those who have been injured in workplace accidents. We focus on our clients and their injuries and needs. We help alleviate stress by communicating directly with the clients throughout the legal process. Our consultations are free at our downtown St. Louis office. Call our office today to schedule your consultation and get the care and compensation you deserve.


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