Justification of co-relation of occupational safety and business profits

Zaikina, Daria and Заикина, Дарья Павловна and Заікіна, Дар’я Павлівна (2020) Justification of co-relation of occupational safety and business profits. Збірник наукових праць Національного гірничого університету. pp. 49-57. ISSN 2521-6635

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Abstract

It is determined that the economic mechanisms of measures to improve occupational safety should be found one’s position, first of all, by the economic expression of the social significance of occupational health and safety with the aim of choose the optimal solution. The article also index that characterize and affect occupational safety are discussed, respectively, on the amount of profit of the enterprise. The so-called «economic value of occupational health and safety », that is determined by the results of changes in social indicators and economic factors, is investigated. The question of quantitative and qualitative assessment of the economic efficiency of the functioning of the HSE management system during development of mineral deposits by underground mining is reflected. An attempt of mathematical formulation the co-relation of occupational safety and business profits is exerted. The optimal and maximum indices of risk, profit and HSE-MS system performance effectiveness were determined using the example of the mining enterprise PISC «KZRK». It was found that the highest level of occupational safety is achieved upon condition that the whole complex of indicators is been within the acceptable limits of threshold values.

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