Workplace safety helps business owners control costs.A positive safety culture provides direct and indirect benefits to your company. Direct benefits include: • Reduced injuries to people • Reduced damage to buildings and equipment • Increased productivity • Decreased exposure to OSHA fines • Reduced personnel turnover • Increased teamwork Indirect benefits stem from direct benefits but they take a while to be realized. They include: • Reduced injuries result in improved workers compensation experience modification (Experience Mod) ratings. • A reduced experience mod for your workers compensation rating may qualify your company for better insurance rating structures. • An improved experience mod results in reduced attention from OSHA programs. • Reduced injuries mean less modified duty, less job shifting, and less hiring for replacement. • Reduced damage to equipment and buildings means that there may be more capital available for other uses. • Reduced injuries and damages allows for more focus on production. • People enjoy working in an environment that values their well being and health. When they feel appreciated and cared for, they are able to care for their coworkers to a greater degree, which reduces turnover, reduces training costs, and increases production. |
