Focus on Safety & Health to Benefit Your Business
November 14, 2019
Workplace injuries and illnesses have a major impact on an employer's bottom line. According to the Occupational Safety and Health Administration (OSHA), it has been estimated that employers pay almost $1 billion per week for direct workers' compensation costs alone.
Addressing safety and health issues in the workplace can certainly save you money and protect your bottom line.
Employer Benefits to Healthy Workers:
- Lower workers' compensation costs
- Reduced medical expenditures
- Smaller expenditures for return to work programs, including job accommodations for injured workers/li>
- Fewer faulty products
- Less money spent on overtime benefits
Safety & Health Programs Also Lead to Reductions in Indirect Costs for the Following Reasons:
- Increased productivity
- Higher-quality products
- Increased morale
- Better relations between management and employees
- Reduced turnover
- Better use of resources
Protecting your employees on a daily basis is crucial to the economy, our communities, fellow workers, their families and most importantly, to your company. Promote safety and health programs to ensure success.
To emphasize the importance of safety and health programs in your workplace, educate employees on how occupational injuries directly affect them.
Employees and their families also benefit from safety and health programs:
- Lack of injury helps employees maintain a steady income
- Injuries do not hinder family life