Estimating the financial benefits of OHS spending: a study of Ontario employers

In high-income countries, employer spending on occupational health and safety (OHS) can be substantial. But what are the financial benefits of these expenditures? An Institute for Work & Health (IWH) team recently developed and applied a transparent methodology to estimate the return on investment (ROI) of OHS spending for Ontario employers. In this presentation, IWH Associate Scientist Dr. Basak Yanar and IWH Adjunct Scientist Dr. Cameron Mustard, also former IWH president and senior scientist, share the methodology they used to arrive at the ROI estimates in three important economic sectors: construction, transportation and manufacturing.