Figuring Your Rates Frequency & Severity Rates What They Tell You Frequency Rate- # of accidents per 100 employees. Severity Rate- # of lost workdays per 100 employees. Why Calculate Them? Compare your accident prevention progress Benchmark against others in your industry Friendly competition What Do You Need? Employee hours worked Industry Index Calculator The Formula Frequency Rate No. of Accident X Total Man-hours worked 1,000,000 Man-hours Severity Rate No. of man-days lost X Total Man-hours worked 1,000,000 Man-hours Other Rates Cost per employee hour Rates per internal variables Fleet accidents per million miles Claims per revenues/profit margin