ergonomics business

Ergonomics For Firms And How It Effects Stock Prices – A Study

A study utilizing investment simulations for 17 publicly held companies with strong health or safety programs for employees suggests that employers that invest significantly in health and safety programming can outperform other companies in the marketplace. The study, published in this month’s issue of the Journal of Occupational and Environmental Medicine (JOEM), is featured in a special section highlighting the impact health and safety programs

American College of Occupational and Environmental Medicine (ACOEM)

A study utilizing investment simulations for 17 publicly held companies with strong health or safety programs for employees suggests that employers that invest significantly in health and safety programming can outperform other companies in the marketplace.

Ergonomics may indeed have a positive influence on a company’s investment value. The study was sponsored by the UL (Underwriters Laboratories) Integrated Health and Safety Institute.

Lead author Raymond Fabius, MD, co-founder of HealthNEXT, and colleagues studied the stock market performance of companies that had applied for or received ACOEM’s Corporate Health Achievement Award (CHAA), which annually recognizes the healthiest and safest companies in North America. To be considered for the CHAA, companies must be engaged in measurable efforts to reduce health and safety risks among their employees.

The authors tracked the stock market performance of 17 CHAA applicants or recipients with proven health and/or safety programs using six investment modeling scenarios. Companies studied had achieved high CHAA scores in either health or safety, or in both categories. Investment scenarios were created and analyzed for the period spanning 2001 to 2014, using a hypothetical initial investment of $10,000.

READ THE FULL STUDY HERE.

2018-07-27T13:04:34+00:00Ergonomic Benefits|