It’s no secret that injuries on the job site are a costly mistake. Nonetheless, the Bureau of Labor Statics recorded more than 1.1 million non-fatal construction-related injuries and illnesses in 2012. It’s a powerful incentive to go the extra mile to keep injuries to a minimum and with them, their impact on your bottom line.
Soon we’ll talk in greater detail about the many costs associated with poor safety performance. But first, here are some terms that every GC or sub, or any firm working in construction needs to understand.