The LTIR average differs between industries. The latest industry LTIR rates available are currently from 2018. Ideally, you want your LTIR to be as low as possible, but, realistically, the best way to gauge how your company is performing is to compare with the industry average. The LTIR formula and more information about logging incidents and completing the necessary forms can be found in the OSHA work-related injuries and illnesses booklet. It’s commonly accepted to use the number of employee labor hours worked over a year but you can select any given period of time for your calculation. This is the rate of incidents per 200,000 hours, which is a number used to represent 100 employees working 40 hours per week for a calendar year. LTIR can be lowered organically by cultivating a safe working environment and engaging employees in safety best practices. This could result in higher insurance premiums and good employees seeking to leave the company over fears for their health and safety.Ĭonversely, a low LTIR can have a positive impact on insurance rates and shows potential employees and investors that the company has a reputation for safe working practices. A high number means that more employees have had to take time away from work due to work-based incidents. The LTIR of a company gives employees, insurers, and stakeholders an indication of how safe the company’s practices are. Full details of exemptions can be found in the full LTIR OSHA exemption regulation. Companies with 10 or fewer employees are exempt, as are businesses within some industry classifications. Not all employers need to keep LTIR records. If he is away for a few work days while recovering, however, this must be recorded in both. An incident in which an employee suffers an occupational injury, but can return to work the following day will be recorded as a part of the TRIR/TCIR calculation but does not need to be included in the LTIR.
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