ABSTRACT
This chapter provides a conceptual basis for deriving the value of occupational safety and health (OSH) actions within the context of business operations. It also provide information on the practical application of established methods for estimating the value contribution of OSH actions, including details for calculating financial measures commonly used by business. The chapter provides the value proposition method that can be viewed as the next generation of the business case for OSH. One of the earliest cost-benefit analysis tools for OSH, the Productivity Assessment Tool, was developed for the service and manufacturing sectors and was designed to show that productivity and profit for an enterprise are compatible with safe and healthful working conditions for its employees. It consists of four parts data on employees, the workplace, the intervention, and a report. The Regional Center for Occupational Safety and Health (CERSSO) developed the Tool Kit for use in Central American garment factories.
