WHAT IS LTIFR AND MTIFR?
The LTIFR and MTIFR are defined as:
The number of occurrences of lost time/medically treated injury for each one million hours worked.
To calculate each frequency rate for a period, the following algorithm should be used:
Number of incidents in the period
---------------------------------------------- X 1,000,000 (hours)
Number of hours worked in the period
WHAT DOES THE COMPANY PERFORMANCE COMPARISON MEAN?
The company performance comparison result (a percentile) indicates how your organisation’s performance compares to other accredited contractors where 0% represents worst performance and 100% represents best performance for both LTIFR and MTIFR.
The comparison result, also indicated on the chart by the red bullseye, allows you to visually check your comparison result (percentile) to the performance of accredited contractors undertaking Scheme or non-Scheme projects.
Each chart also shows the average result (arithmetic mean) for accredited contractors undertaking Scheme or non-Scheme projects, and allows you to compare your result with the average result. The number of accredited contractors that performed better than average can be determined from the percentile (horizontal axis) corresponding to where the average series intersects the frequency rate.
For example, a contractor performance comparison result at the 20th percentile for Scheme LTIFR indicates that 80 per cent of accredited contractors undertaking Scheme projects performed better.
Each chart also shows the average result (arithmetic mean) for accredited contractors undertaking Scheme or non-Scheme projects, and allows you to compare your result with the average result. The number of accredited contractors that performed better than average can be determined from the percentile (horizontal axis) corresponding to where the average series intersects the frequency rate.
For example, if the average series intersected the frequency rate at the 11th percentile, 89 per cent of accredited contractors performed better than the average.
WHAT DATA IS BEING USED TO COMPARE MY INFORMATION AGAINST?
This tool uses the latest biannual data provided by all accredited contractors, currently the July to December 2010 data.
FEEDBACK
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