A company’s Total Recordable Incident Rate — the number of employees involved in a recordable incident per 100 employees — can significantly impact its ability to operate.
In fact, some vendors won’t even do business with a company if its TRIR is above its industry average.
That's particularly problematic for small businesses because the way the TRIR is calculated can result in higher incident rates for smaller firms:
The 200,000 figure in the formula represents the equivalent of 100 employees working 40 hours per week, 50 weeks per year, and provides the standard base for calculating the incident rate for an entire year.
A single injury or illness has a much greater effect on incident rates in small companies than on larger ones because of the smaller number of employees, and thus the lower number of labor hours worked, at small businesses.
Join the Discussion
CBIA would like to invite you to participate in an informal discussion designed to be an exchange of information among members interested in learning TRIR best practices.
If you're interested in joining the conversation, contact CBIA's Phillip Montgomery (860.244.1982).