5 Key Factors That Determine Your ISN Rating

5 Key Factors That Determine Your ISN Rating

No company wants to appear ill-qualified, unsafe, or unsatisfactory. That’s why workplace safety is one of the most crucial parts of industrial work. Still, it takes a lot of time, money, and energy to become a certified and reliable company in any industry. Your ISN rating is one metric that can make or break your company’s status. Fortunately, there are five key factors that determine your ISN rating to be aware of so that you appear reliable, trustworthy, and efficient to clients.

What Is the ISNetworld?

The International Suppliers Networld (ISN) is an online contractor management database used to vet and qualify suppliers and contractors globally. With over 650 hiring clients using the platform, uses can review, grade, and assess suppliers and contractors based on their hiring criteria. The ISN grades suppliers and contractors based on client requirements, such as project risk, type of industry, and local restrictions or ordinances. Overall, the ISN rating ensures safe work compliance, company reliability, and performance across many industries through a transparent vetting process.

Complete the Management Safety Questionnaire

The first factor that determines your ISN rating is the management safety questionnaire (MSQ). The MSQ is one of the most critical components in contractor applications and ISN certification. The ISNetworld collects information that contractors and suppliers submit based on specific regulatory and hiring requirements. It accounts for 10 to 15 percent of the overall ISN rating.

Complete Company Safety Programs

After you’ve completed the MSQ, complete any and all company safety programs. The Review and Verification Services (RAVS) portion considers all self-reported information in relation to specific hiring or service requirements. Provide all documentation detailing safety programs for your industry to your hiring client. RAVS accounts for approximately 30 to 40 percent of the overall ISNetworld rating, so you must treat this responsibly. Include national and individual safety standards in your submission.

Record OSHA Logs

Another key factor that determines your ISN rating is your OSHA logs. Similar to your RAVS safety compliance, your OSHA logs detail any past and present workplace injuries that employees sustained on the job. ISNetworld looks at all OSHA recorded incidents and tallies them into a TRIR, or total recordable incident rate. If under the industry average, your TRIR does not affect your ISN rating. However, if above, you may face a failing grade.

Other Considerations

Lastly, some other considerations that determine your ISN rating include EMR, insurance coverage, and workplace safety culture. The EMR is the experience modification rating calculated to determine compensation premiums. It reflects recent compensation data to indicate any history of workplace injuries in the industry. The EMR accounts for 10 to 15 percent of the ISNetworld grade. Relatedly, you must provide insurance coverage to prove eligible for an ISN rating. This shows your workplace safety culture remains a high priority. If your insurance fails to meet basic coverage for employees, ISN may reject you or provide a failing grade.

With each of these factors in mind, be proactive and hire ISNetworld consultants. We at Industrial Compliance and Safety have the knowledge, experience, and skills to earn you a high ISN grade to show off to your clients. With programs suited for ISNetworld, RAVS, and other safety consulting projects, we vow to earn you a reputable status in the industry. Contact us today to get started and learn more about our services.