A petrochemical company in the US introduced a safety incentive plan that resulted in a 50% reduction in accidents (94 down to 48) in its first year. Costs from accidents were consequently reduced from $2.3 million down to $1.3 million. The success of the programme caused management to expect ongoing reductions through the life of the incentive plan....

BPIR Categories

9.5.5 Manage reward & recognition programs
9.6.5 Manage workplace cleanliness, health & safety

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