Cost Justification and ROI of ErgonomicS Program Improvements

Presenters: Rick Goggins, C.P.E., Washington State Department of Labor and Industries, and James Mallon, C.P.E., Humantech Inc. 

Rick Goggins' presentation, The ROI of Ergonomics: Getting Started with Cost-benefit Analysis, will demonstrate a good return-on-investment (ROI) can help sell an ergonomics project to decision-makers. But financial analysis can be intimidating for anyone who doesn’t already have it in their skill set. This webinar will demonstrate a simple cost-benefit model specific to ergonomics and connect you with other free resources that you can use to become familiar with this type of analysis. If you’d like to have hands-on practice with the model during the webinar, you can download it ahead of time at http://www.pshfes.org/cost-calculator.

James Mallon's presentation, Calculating the ROI of an Ergonomics Program, will demonstrate payback on workplace improvement programs is an ongoing challenge for many health and safety professionals. Showing the value of an ergonomics program and individual improvement projects is a part of that challenge, especially when only the traditional lagging measures are used. Ergonomics improvements in the workplace can be measured easily and quickly using proactive, leading measures and measures (like cost) that tie directly to the bottom line. This presentation will demonstrate proven methods for calculating ROI, demonstrating value and payback to an organization. The approach and methods are based on successful practices from Fortune 500 companies and can be applied to improve productivity, safety and the bottom line.

View Rick Goggins' presentation | View James Mallon's presentation | View recording