November 14, 2018

Telecommunications Industry Statistics

The telecommunications industry is one of the many industries that keeps our world connected. How teams of people are managed is critical.
Do you keep up with the latest in the telecommunications industry?

Did you know…

  • Australia is seen as a ‘traditional’ market to be disrupted given that only 28% of Aussies buy online using a mobile, compared to over 50% in markets such as China and Japan
  • Almost half of all US consumers believe they use their smartphones too much, and this number rises to more than 70 percent for 18- to 34-year-olds; as a result, 47% of consumers are taking active measures to limit their mobile phone use
  • It’s forecast that an average selling price for smartphones of $350 in 2023, implying a total market value of $650 billion
  • Global smartphone revenue increased by 10% between 2016 and 2017, from $434 billion to $478 billion
  • The average Australian household spends more on telecommunications (3.7%) than on energy or water (2.9%)
  • 10% of workers compensation claims were due to diseases
  • 90% of workers compensation claims were due to injury and musculoskeletal disorders
  • There were 107,355 serious workers compensation claims in 2014-2015 in Australia
  • Between 2000–01 and 2013–14, the median compensation paid for a serious claim rose by 94% from $5,200 to $10,100 Between 2000–01 and 2013–14, the median time lost for a serious claim rose by 33% from 4.2 working weeks to 5.6. In 2013–14, the median time lost for a serious claim was 5.4 working weeks for male employees and 6.0 working weeks for female employees
  • $61.8 billion, the cost of work-related injury and disease to the Australian economy
  • 77% of work-related injury and disease costs are borne by workers
  • 2 deaths in Information media & telecommunications in Australia in 2016
  • 205 fatalities nationally each year; 36% vehicle incidents, 13% falls from height, and 21% of fatalities were truck drivers
  • During 2011-12 a total of 121 459 days were lost from work due to falls from heights at an estimated cost of $71 732 509. Figures have fallen to 117 608 days lost from work at an estimated cost of $63 865 610 in 2015-16p – this equates to around 107 days lost per LTI/D at an estimated cost of $58 325 (where LTI/Ds refer to lost time injuries and diseases where one or more days/shifts have been lost from work as a result of a workplace incident)
  • Knees, ankles, shoulders and lower back continue to be the areas of the body most affected by Falls from a height LTI/Ds
  • A total number of 248 258 days were lost during 2015-16p at an estimated cost of $138 949 830 which equates to around 86 days lost per LTI/D at an estimated cost of $47 881. Compared to 2011-12, these figures have risen by seven days lost and by an extra $6 383 per LTI/D
  • The age group responsible for the greatest proportion of LTI/Ds for the mechanism Falls on the same level during 2015-16p is the 45-54 age group (26% or 749 LTI/Ds). Over the five-year reporting period, this age group accounted for 27% (or 3 936 LTI/Ds) of injuries from Falls on the same level
  • Body stressing remains the most common cause of injury in Australia, where these injuries accounted for more than a third (37.6%) of all LTI/Ds in Western Australia during 2015-16p (6 357 LTI/Ds)
  • Muscular stress while handling objects other than lifting, carrying or putting down LTI/Ds decreased 11.8% during 2015-16p compared to 2011-12 (from 3 836 to 3 382 incidences) while Muscular stress while lifting, carrying or putting down objects LTI/Ds fell 13.8% (from 2 517 in 2011-12 to 2 169 in 2015-16p)
  • During the five years from 2011-12 to 2015-16p, no work-related traumatic injury fatalities were recorded for the mechanism of incident group Chemical and Other Substances
  • Diseases related to hazardous substances may have a long latency period and may not become evident until after a worker leaves the workforce
  • Preventive health surveillance and air monitoring work reduces the likelihood of workers developing diseases
  • 73% of trips and falls are caused by inattentiveness and distraction
  • Work-related injury and disease cost the Australian community $61.8 billion in a year
  • Workers forget up to 50% of what they learn in employee training sessions within an hour without revisiting the material; within a day that grows to 70%, and within a month it goes up to 90%
  • 43% of serious injuries involve traumatic joint/ligament and muscle/tendon injury
  • The median amount of compensation paid for a serious claim is $10,800

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