Company Reportable Rate - bharath143775/Executive-Metrics GitHub Wiki
๐ Company Reportable Rate
๐งพ Definition
The Company Reportable Rate measures the frequency of serious work-related incidents (injuries, illnesses, or dangerous events) that must be officially reported in accordance with regulatory guidelines. It provides a standardized view of workplace safety, allowing comparison across time periods and different organizations regardless of size.
This metric is normalized per 100 full-time employees over one year, making it a reliable indicator of overall EHS performance.
๐งฎ Calculation (DAX/SQL)
๐ง Formula:
Reportable Rate = ( Number of Reportable Incidents ร 200,000 ) / Total Hours Worked
๐ก Why 200,000?
This figure represents the total number of hours worked annually by 100 full-time employees (40 hours/week ร 50 weeks ร 100 employees), providing a normalized benchmark for safety tracking.
SQL Query:
SELECT (CAST([Reportable_Incidents] AS FLOAT) * 200000.0) / NULLIF([Total_Hours_Worked], 0) AS Reportable_Rate FROM SafetyMetrics WHERE [Month] = '2025-03'
๐งฉ DAX (Power BI):
Reportable Rate = DIVIDE( [Reportable Incidents] * 200000, [Total Hours Worked], BLANK() )
๐ผ Business Context
This metric serves as a leading safety indicator, highlighting the companyโs success in preventing serious incidents. A rising reportable rate may indicate underlying risks, operational hazards, or procedural lapses. Conversely, a declining trend demonstrates a healthier and safer work environment.
Company leadership and safety teams use this KPI to:
Benchmark EHS performance over time.
Identify departments or plants needing corrective action.
Align safety efforts with compliance standards (e.g., OSHA).
๐จ Thresholds and Alerts
Level | Reportable Rate | Alert Type |
---|---|---|
โ Good | 0 โ 1.0 | No action needed |
โ ๏ธ Warning | 1.1 โ 3.0 | Review safety programs |
โ Critical | > 3.0 | Immediate EHS investigation |
Notifications should be sent when the Reportable Rate crosses thresholds or increases consecutively for multiple months.
๐ Historical Insights
Trend Tracking: Monthly trends allow quick identification of spikes that may relate to specific operations, seasons, or events.
Comparative Analysis: Benchmarked against industry averages or internal business units.
Actionable Insights: Used alongside root cause analysis to design safety training and operational improvements.