Health and Safety-It Makes Good Cents by Business News

Health and Safety Good She makes cents

The data show that small firms with health and safety procedures in place to reduce their injury and illness costs by 20 percent and up to 40 percent. Nearly 95 percent of business owners report that health and safety programs have a positive impact on company bottom line according to a recent survey. Of this group, 61 percent say that their ROI is $ 3 for every dollar spent improving safety in the workplace. In addition, companies must work health and safety programs in place have reduced employee absenteeism in half.

Good planning of health and safety program can be obtained even for small companies. For example, in the worst of this first case, a small manufacturing company was forced to put a program of health and safety at or close. They started to do an audit, the hazards identified and controlled, showed the working procedures and had to maintain injury rates below the national average for their sector. After it had launched its program of health and safety, who had many years with an injury and are not saved over $ 45,000 in insurance premiums. The company was recognized even with an award for its safety record. The owner, Rick, said: ?Our health and safety has helped us to protect our employees, maintain compliance, keep our employees working life for us and saved us real money to put back into our company. ?

Health and safety is not only seen as a good idea, but a crucial investment in the long term success of the company. The mounting costs of unhealthy employees and the expense and disruption of staff turnover is turning many small business owners to health and safety. The return on investment in health programs and security in the form of: improved productivity, fewer insurance claims and workers comp, less absenteeism, reduced accidents, reduced staff turnover, morale higher employees, and leads to better business reputation and customer loyalty.

Healthy and absent employees are expensive. Companies incur direct costs such as paying workers comp, disability costs, replacement workers, equipment damage, and productivity, even lost.

By having a health and safety program in place, employers also protect yourself from liability in damages from employees in exposure to risks in the workplace. Employers can be charged in injuries to employees are not trained. An unhealthy may also jeopardize the safety of others as co-workers, the business owner, and even customers of the company.

When you start a program, there must be commitment. Employers must have an idea of ??the seriousness of this new procedure. Planning should be a partnership between the business owner and employees. To be able to participate actively in all aspects of the continuum in the business, the program must consider all the health risks most important in all areas of the workplace to meet the needs of all employees.

Deciding on whether to have a program of health and safety should be clear. Health and safety issues at work cost the owner of the company directly, and even the lost opportunity. A change to make the business more secure will lead to a more positive bottom line.

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