ISN Releases Third Edition of US Contractor Health & Safety Performance Indicators Publication Series
Benchmarking Analysis by Hiring Organizations, Industry Classifications & Work Types
DALLAS, Dec. 18, 2014 /PRNewswire/ -- ISN has released its third annual U.S. Health & Safety Performance Indicators publication series. With data aggregated from over eight billion U.S. work hours of activity reported in 2013 within its online contractor management platform, ISNetworld, this three-part series provides contractor health and safety key performance indicator (KPI) statistics.
The Contractor Performance Benchmarking by Hiring Clients, U.S. publication is available in two industry specific volumes: Oil & Gas, Utilities & Power Generation and Manufacturing, Mining, Chemicals & Facilities Management. The KPIs presented within the reports include total recordable incident rate (TRIR), days away, restricted or job transfer rate (DART), lost time case rate (LTC), fatality rate, injury and illness severity (in days) and experience modifier. This information helps hiring organizations benchmark how their contractors' health and safety performance compares to that of their industry peers.
"Hiring organizations can leverage this data as a tool to help establish an objective baseline for their contractor performance targets year after year," said Dag Yemenu, ISN Vice President of Technical & Customer Services. "With this, hiring organizations are able to evaluate their contractor selection and management strategies to build upon existing practices."
The second publication within this series, Contractor Performance Benchmarking by Industry Classifications & Work Types, U.S., delivers pertinent health and safety performance indicator information useful for benchmarking a contractor's performance against its industry peers. The KPIs featured within this publication include: TRIR, nonfatal TRIR, DART, fatality rate, total number of fatalities and incident severity (in days). These KPIs are grouped by North American Industry Classification System (NAICS) codes and ISN Work Types for added granularity.
"Performance data continues to be a leading factor in operational assessments and hiring decisions," said Joseph Eastin, ISN President & CEO. "The statistics and insight offered within these publications aid companies in recognizing areas of improvement to mitigate risk and potential losses."
Visit the ISN Publications page to request your copy of these reports.
ISN provides an online contractor management platform, ISNetworld, which is designed to meet internal and governmental record keeping and compliance requirements. ISN collects health and safety, procurement, quality and regulatory information for 60,000 contractors and 400 Hiring Clients across capital-intensive industries. ISN's subject matter experts review this information to help assess the accuracy, relevance and timeliness of the data. Using ISNetworld as an integral part of their management systems, Hiring Clients are able to connect with safer, more reliable and sustainable contractors and suppliers around the globe. ISN serves as a forum for sharing industry best practices and benchmarking resources, leading efforts to improve the efficiency and effectiveness of contractor management systems. For more information, visit www.isn.com.
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