Specific Features of Economic Mechanisms of Labour Safety Management

Abstract

The article studies the impact of economic mechanisms of labour safety management on business activity of economic entities. Discounts to insurance tariffs allow employers to economize on insurance payments, while increments to them stimulate measures on labour safety to protect employees and production facilities. Methodology to calculate discounts and increments to insurance tariffs is provided, as well as economic benefit obtained as a result of conducting measures on labour safety. It is pointed out that ignoring obligatory measures on labour safety (special appraisal of working conditions and medical check-ups) are penalized by administrative fines, whose amounts are rather high. The article pays special attention to the necessity to conduct special appraisal of working conditions and medical check-ups. The positive side of insurance is an opportunity to finance the said measures at the expense of 20% insurance payments that were paid by the company in the previous year. The author explains that even with the negative economic effect special appraisals of working conditions and medical check-ups can provide positive economic and social effect, as their results can help develop and introduce preventive measures on labour safety.