Improving occupational safety financing in industrial enterprises

Abstract

The article presents an improved methodology for calculating the integrated indicator of the socio-economic state of occupational safety for industrial enterprises. The authors have developed a modified formula that includes two new coefficients: temporal and industry-specific. The temporal coefficient takes into account the dynamics of the effectiveness of measures taken in the field of occupational safety, while the industry coefficient reflects the specifics of a particular industry, the complexity of production processes, and the scale of the enterprise. For calculating the industry coefficient, a formula is proposed that takes into account the industry's risk level in accordance with professional risk classes. The testing of the improved methodology was conducted using the example of JSC “Izhevsk Motor Plant “Axion-Holding”. The study of the company's expenditures on occupational safety for 2022-2024 revealed the stability of investments while maintaining workplace injuries at the level of 3-4 accidents per year. The calculation results showed that the value of the industry coefficient was 2.52, indicating the need for increased attention to production process safety issues, while the temporal coefficient was 1.21, demonstrating positive dynamics in the development of the occupational safety system with potential for improvement. Based on the analysis, the authors developed specific recommendations for improving occupational safety financing: increasing investments in preventive measures, differentiated distribution of funds taking into account the industry coefficient, and creating a reserve fund for occupational safety. The proposed methodology allows for more accurate consideration of industry specifics and dynamics of changes, contributing to informed management decisions in the field of occupational safety.