Abstract
Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Occupational hazards are an unfortunate way of life for workers in many industries. For some, the risk of serious injury or illness is considerable. More positive is the decline over recent decades in the number of such incidents reported. However, in Western nations the cost of injury or illness at work remains substantial. Statistics show that in European Union (EU) countries, it can range between 2.6 per cent and 3.8 per cent of GDP. Regulations and conditions within specific labor markets help determine where these costs are absorbed. There are wide variations across countries in terms of how injured employees are compensated during their time off work. Practical implications The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.
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