Published April 24, 2015
PSI is pleased to have received notice that our Experience Modification Rate (EMR) for 2015 was lowered to .91—a rating below the industry average. The EMR is a number used by insurance companies to gauge both past cost of injuries and future chances of risk. The lower the EMR, the lower your workers’ compensation insurance premiums will be (a savings that we are able to pass along to our customers).
Up until this past November, PSI went 862 days without a single incident. This did not happen magically—it involved a lot of time and effort from all our team members.
At PSI, we are constantly striving to work safe. Each day, our crew completes a Job Hazard Analysis (JHA) check-off sheet that identifies potential hazards that are present. In addition, “Tool Box” talks are held on a weekly basis, and our safety committee of five team members meets on a monthly basis to discuss on-going issues—such as future training topics, near-misses, progress on annual safety goals and other items relating to workplace safety. We hold company-wide safety meetings at least twice annually, and small group meetings are held quarterly.
We understand our greatest asset is our employees. As a business, the most important benefit our safety program provides is that we have healthy team members who are able to go home to their families each night injury-free.