Health & Safety Management KPIs



Health & Safety Management KPIs

We have 58 KPIs on Health & Safety Management in our database. KPIs are critical in Health & Safety Management within Operations Management as they provide quantifiable metrics to evaluate the effectiveness of safety protocols and initiatives. They enable organizations to track progress towards specific safety goals, helping to reduce workplace incidents and ensure compliance with regulatory standards.

By analyzing trends and identifying areas of risk, KPIs facilitate proactive measures to mitigate potential hazards before they lead to accidents or injuries. Moreover, KPIs assist in benchmarking performance against industry standards or best practices, fostering a culture of continuous improvement. This focus on measurable outcomes not only enhances the well-being of employees but also optimizes operational efficiency and can lead to cost savings by minimizing downtime and avoiding penalties for safety violations.

  Drive performance excellence with instance access to 20,780 KPIs.
$199/year
KPI Definition Business Insights [?] Measurement Approach Standard Formula
Chemical Safety Compliance Rate

More Details

The compliance rate with chemical safety protocols, including proper storage, handling, and disposal. Provides insights into the effectiveness of chemical management and potential risks for non-compliance penalties. Considers the percentage of chemicals handled, stored, or disposed of in compliance with regulations and internal policies. (Number of Compliant Chemical Handling, Storage, or Disposal Instances / Total Number of Chemical Handling, Storage, or Disposal Instances) * 100
Compliance Audit Score

More Details

A score reflecting the degree to which operations comply with internal and external health and safety regulations. Highlights the organization's adherence to industry standards and regulations, identifying areas for improvement in compliance. Measures the cumulative score of compliance across various audit checklists and criteria. Sum of Compliance Scores Across Audit Checklists / Total Number of Audit Checklists
Contractor Safety Management Score

More Details

A measure of the effectiveness of safety management for contractors and temporary workers. Assesses how effectively contractors are managed in terms of safety, impacting overall workplace safety. Accounts for the safety performance and compliance of contractors, including training, incident rates, and adherence to safety protocols. Sum of Contractor Safety Metrics Scores / Total Number of Safety Metrics
KPI Depot
$199/year

Drive performance excellence with instance access to 20,780 KPIs.


Subscribe to KPI Depot

CORE BENEFITS

  • 58 KPIs under Health & Safety Management
  • 20,780 total KPIs (and growing)
  • 408 total KPI groups
  • 153 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)
Control of Substances Hazardous to Health (COSHH) Compliance Rate

More Details

The compliance rate with regulations for controlling substances hazardous to health. Reflects the ability to manage hazardous substances safely, reducing health risks to employees. Measures the percentage of operations that comply with COSHH regulations regarding hazardous substance management. (Number of COSHH Compliant Operations / Total COSHH Applicable Operations) * 100
Corrective Action Closure Rate

More Details

The percentage of safety-related corrective actions that have been resolved or closed out within a specified time frame. Indicates the efficiency and effectiveness of the organization in addressing identified safety issues. Measures the percentage of identified corrective actions that have been completed and closed within a specified time frame. (Number of Corrective Actions Closed / Total Number of Corrective Actions Identified) * 100
Critical Equipment Inspection Rate

More Details

The percentage of scheduled inspections completed on time for equipment deemed critical to health and safety. Reflects the reliability of critical equipment and the potential risk of failure or incidents. Measures the percentage of scheduled inspections completed on time for critical equipment. (Number of Completed Inspections for Critical Equipment / Total Number of Scheduled Critical Equipment Inspections) * 100

Types of Health & Safety Management KPIs

KPIs for managing Health & Safety Management can be categorized into various KPI types.

Incident KPIs

Incident KPIs measure the frequency and severity of workplace accidents and near-misses. These KPIs are crucial for identifying patterns and areas of concern within the organization. When selecting these KPIs, ensure they are comprehensive enough to cover all types of incidents, from minor injuries to major accidents. Examples include Total Recordable Incident Rate (TRIR) and Lost Time Injury Frequency Rate (LTIFR).

Compliance KPIs

Compliance KPIs track adherence to health and safety regulations and standards. These KPIs are essential for ensuring that the organization meets legal requirements and avoids penalties. Select KPIs that reflect both internal policies and external regulations to provide a holistic view of compliance. Examples include the number of compliance audits passed and the percentage of safety training completed.

Behavioral KPIs

Behavioral KPIs assess the safety-related behaviors and attitudes of employees. These KPIs help in understanding how well safety protocols are being followed on the ground. Choose KPIs that can be measured through observations and surveys to capture real-time data. Examples include the number of safety observations and the results of safety culture surveys.

Training KPIs

Training KPIs evaluate the effectiveness and reach of health and safety training programs. These KPIs are vital for ensuring that employees are well-equipped to handle safety risks. Focus on KPIs that measure both the quantity and quality of training sessions. Examples include the number of training hours per employee and the pass rate of safety certification exams.

Cost KPIs

Cost KPIs measure the financial impact of health and safety initiatives and incidents. These KPIs are important for understanding the economic implications of safety measures. Select KPIs that capture both direct and indirect costs to provide a complete financial picture. Examples include the cost of safety training programs and the financial impact of workplace injuries.

Response KPIs

Response KPIs track the efficiency and effectiveness of the organization's response to safety incidents. These KPIs are crucial for evaluating the readiness and capability of emergency response teams. Choose KPIs that measure both the speed and quality of the response. Examples include the average response time to incidents and the effectiveness of incident investigations.

Acquiring and Analyzing Health & Safety Management KPI Data

Organizations typically rely on a mix of internal and external sources to gather data for Health & Safety Management KPIs. Internal sources include incident reports, safety audits, and employee surveys, which provide firsthand data on safety practices and incidents. External sources such as regulatory bodies and industry benchmarks offer valuable insights into compliance and best practices. According to a study by Deloitte, 72% of organizations use a combination of internal and external data to inform their health and safety strategies.

Once the data is acquired, it is crucial to analyze it effectively to derive actionable insights. Data analytics tools and software can help in identifying trends, patterns, and anomalies in the data. For instance, predictive analytics can forecast potential safety risks based on historical data, enabling proactive measures. McKinsey reports that organizations using advanced analytics in health and safety management see a 15-20% reduction in workplace incidents.

Visualization tools such as dashboards can make it easier for executives to monitor KPIs in real-time. These tools can provide a comprehensive view of health and safety performance, highlighting areas that require immediate attention. For example, a spike in the Total Recordable Incident Rate (TRIR) on a dashboard can prompt a quick investigation and corrective action.

Benchmarking against industry standards is another effective way to analyze Health & Safety Management KPIs. By comparing your organization's performance with industry peers, you can identify areas for improvement and set realistic targets. According to a report by PwC, organizations that benchmark their health and safety performance are 30% more likely to achieve their safety goals.

Regular reviews and updates of KPIs are essential to ensure they remain relevant and aligned with organizational goals. This involves periodic assessments of the KPIs' effectiveness and making necessary adjustments based on changing conditions and new insights. Continuous improvement in KPI management can lead to sustained enhancements in health and safety performance.

KPI Depot
$199/year

Drive performance excellence with instance access to 20,780 KPIs.


Subscribe to KPI Depot

CORE BENEFITS

  • 58 KPIs under Health & Safety Management
  • 20,780 total KPIs (and growing)
  • 408 total KPI groups
  • 153 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)

FAQs on Health & Safety Management KPIs

What are the most important KPIs for measuring health and safety performance?

The most important KPIs for measuring health and safety performance include Total Recordable Incident Rate (TRIR), Lost Time Injury Frequency Rate (LTIFR), and the number of compliance audits passed. These KPIs provide a comprehensive view of both incident frequency and regulatory adherence.

How can we improve our health and safety KPIs?

Improving health and safety KPIs involves a combination of enhanced training programs, stricter compliance measures, and better incident reporting systems. Regularly reviewing and updating your KPIs based on new data and industry benchmarks can also drive continuous improvement.

What sources are best for acquiring health and safety data?

The best sources for acquiring health and safety data include internal incident reports, safety audits, and employee surveys, as well as external sources like regulatory bodies and industry benchmarks. Combining these sources provides a holistic view of your health and safety performance.

How often should health and safety KPIs be reviewed?

Health and safety KPIs should be reviewed at least quarterly to ensure they remain relevant and aligned with organizational goals. However, more frequent reviews may be necessary in high-risk industries or during periods of significant operational change.

What role does technology play in health and safety KPI management?

Technology plays a crucial role in health and safety KPI management by enabling real-time data collection, advanced analytics, and visualization. Tools like dashboards and predictive analytics can help identify trends and potential risks, facilitating proactive measures.

How do we benchmark our health and safety KPIs against industry standards?

Benchmarking your health and safety KPIs against industry standards involves comparing your performance metrics with those of industry peers. This can be done through industry reports, regulatory data, and third-party benchmarking services, helping identify areas for improvement.

What are the financial benefits of effective health and safety KPI management?

Effective health and safety KPI management can lead to significant financial benefits, including reduced costs from workplace injuries, lower insurance premiums, and improved productivity. According to a report by McKinsey, organizations with robust health and safety programs see a 15-20% reduction in workplace incidents.

How can we ensure our health and safety KPIs are aligned with organizational goals?

Ensuring your health and safety KPIs are aligned with organizational goals involves regular reviews and updates, stakeholder engagement, and integrating KPIs into the broader strategic planning process. This alignment helps in driving organizational commitment to health and safety initiatives.

KPI Depot
$199/year

Drive performance excellence with instance access to 20,780 KPIs.


Subscribe to KPI Depot

CORE BENEFITS

  • 58 KPIs under Health & Safety Management
  • 20,780 total KPIs (and growing)
  • 408 total KPI groups
  • 153 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)


Related Best Practices


These best practice documents below are available for individual purchase from Flevy , the largest knowledge base of business frameworks, templates, and financial models available online.


KPI Depot (formerly the Flevy KPI Library) is a comprehensive, fully searchable database of over 18,000+ Key Performance Indicators. Each KPI is documented with 12 practical attributes that take you from definition to real-world application (definition, business insights, measurement approach, formula, trend analysis, diagnostics, tips, visualization ideas, risk warnings, tools & tech, integration points, and change impact).

KPI categories span every major corporate function and more than 100+ industries, giving executives, analysts, and consultants an instant, plug-and-play reference for building scorecards, dashboards, and data-driven strategies.

Our team is constantly expanding our KPI database.

Got a question? Email us at support@kpidepot.com.



Each KPI in our knowledge base includes 12 attributes.


KPI Definition
Potential Business Insights

The typical business insights we expect to gain through the tracking of this KPI

Measurement Approach/Process

An outline of the approach or process followed to measure this KPI

Standard Formula

The standard formula organizations use to calculate this KPI

Trend Analysis

Insights into how the KPI tends to evolve over time and what trends could indicate positive or negative performance shifts

Diagnostic Questions

Questions to ask to better understand your current position is for the KPI and how it can improve

Actionable Tips

Practical, actionable tips for improving the KPI, which might involve operational changes, strategic shifts, or tactical actions

Visualization Suggestions

Recommended charts or graphs that best represent the trends and patterns around the KPI for more effective reporting and decision-making

Risk Warnings

Potential risks or warnings signs that could indicate underlying issues that require immediate attention

Tools & Technologies

Suggested tools, technologies, and software that can help in tracking and analyzing the KPI more effectively

Integration Points

How the KPI can be integrated with other business systems and processes for holistic strategic performance management

Change Impact

Explanation of how changes in the KPI can impact other KPIs and what kind of changes can be expected


Compare Our Plans


FAQs about PPT Depot


What does unlimited web access mean?

Our complete KPI database is viewable online. Unlimited web access means you can browse as much of our online KPI database as you'd like, with no limitations or restrictions (e.g. certain number of views per month). You are only restricted on the quantity of CSV downloads (see question below).

Can I download a KPI group (e.g. Competitive Benchmarking KPIs)?

Yes. You can download a complete KPI group as a CSV file. Basic plan subscribers receive 5 downloads a month; Pro plan subscribers receive 20 downloads a month.

Can I can cancel at any time?

Yes. You can cancel your subscription at any time. After cancellation, your KPI Depot subscription will remain active until the end of the current billing period.

Do you offer a free trial?

We allow you to preview all of our KPI groups. If you are not a KPI Depot subscriber, you can only see the first 3 KPIs in each group.

What if I can't find a particular set of KPIs?

Please email us at support@kpidepot.com if you can't find what you need. Since our database is so vast, sometimes it may be difficult to find what you need. If we discover we don't have what you need, our research team will work on incorporating the missing KPIs. Turnaround time for these situations is typically 1 business week.

What payment methods do you accept?

We accept a comprehensive range of payment methods, including Visa, Mastercard, American Express, Apple Pay, Google Pay, and various region-specific options, all through Stripe's secure platform. Stripe is our payment processor and is also used by Amazon, Walmart, Target, Apple, and Samsung, reflecting its reliability and widespread trust in the industry.

Are multi-user corporate plans available?

Yes. Please contact us at support@kpidepot.com with your specific needs.