You can be on Entrepreneur’s cover!

These Are the Most Common, and Expensive, Injuries at Work Serious or not, most injuries still come with a hefty bill for businesses.

By Lindsay Friedman

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Shutterstock

Being down on the job is never good, especially if being on the job is what caused it.

Businesses pay a hefty $170 billion bill per year dealing with workplace injuries and illnesses, according to the Occupational Safety and Health Administration. Roughly 3 million workers a year in the U.S. private sector are injured, and the rate of injuries and illnesses remains highest among small and mid-sized companies.

Related: Even Virtual Offices Need Real Workplace Safety Policies

Overall, some of the common causes for injury was handling materials (32 percent), followed by slips or falls (16 percent) and being struck or colliding with an object (10 percent), according to Travelers, an insurance company, which analyzed 1.5 million claims over a five-year period. It then determined what injuries were most common, how they were caused and how much they cost.

Handling materials refers to an activity that might involve lifting, lowering, filling, emptying or carrying an item, and this category caused a whole range of injuries from strains, sprains, cuts, punctures, contusions or fractures.

You may think these types of injuries are caused by more-hands on jobs, such as construction. However, that's not the case, as manufacturing and retail environments actually saw more material-handling related injuries than any other industry.

Though the average sprain, fracture or puncture wound are among the most common injuries, more severe injuries such as amputations (for an average cost of $102,500), dislocation ($97,100), electric shock ($55,000), being crushed ($54,600) and multiple traumas ($50,000) find their way on companies' books.

Related: 5 Tips to Keep Comp Costs Down

Of course, the average injury is still costly. Incidents of sprains and strains, for example, could set a business back a whopping $17,000. A fracture? $42,400. A case of inflammation? Another $24,500.

Injuries are more common to people with less experience on the job: more than a quarter of incidents or injuries happen to people who've been on the job for less than a year, according to the National Federation of Independent Businesses.

As if the new guy wasn't having a hard enough time already.

Lindsay Friedman

Staff writer. Frequently covers franchise news and food trends.

Lindsay Friedman is a staff writer at Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

This Dad Started a Side Hustle to Save for His Daughter's College Fund — Then It Earned $1 Million and Caught Apple's Attention

In 2015, Greg Kerr, now owner of Alchemy Merch, was working as musician when he noticed a lucrative opportunity.

Business News

I Designed My Dream Home For Free With an AI Architect — Here's How It Works

The AI architect, Vitruvius, created three designs in minutes, complete with floor plans and pictures of the inside and outside of the house.

Business News

This Fan-Favorite Masters 2024 Item Is Still $1.50 as Tournament Menu Appears Unscathed by Inflation

The pimento cheese sandwich is a tradition almost as big as the tournament itself.

Business News

Disney World, Disneyland Will Now 'Permanently' Ban Guests Who Tell This Lie to Skip Lines

The company rolled out changes to its Disability Access Services earlier this week.

Science & Technology

These Are the Top 6 AI Threats to Your Business Right Now

The modern workforce is forever changed by artificial intelligence. If you fail to understand that we will all need to learn AI to some degree, you haven't been paying attention.

Business News

Here's One Thing Americans Would Take a Pay Cut For — Besides Remote Work

An Empower survey found a high percentage of respondents would take a pay cut for better retirement benefits and remote work options.