Every business has industry-specific risks that can threaten safety and productivity. The simple and necessary act of protecting your employees from health and safety risks makes for healthier, happier and more productive employees—who, in turn, make your business more successful. Maintaining effective workplace health and safety can generate the following business benefits:
- Reduced absences—Improving workplace health and safety measures reduces employee absences and sick leave. Simply put, healthy employees miss fewer working days. Minimizing employee absences and sick leave saves money on both direct and indirect absence costs.
- Lowered insurance costs—Maintaining an ideal standard for your workplace health and safety programs can help lower your insurance premiums. A top-notch workplace health and safety program can lower the number of accidents in your workplace, thus reducing employers’ liability premiums.
- Improved productivity—Workplace stress and accidents are two of the biggest causes of absences. Whether they cause short, unscheduled absences or long-term illness, they can have a serious impact on your productivity and profits.
- Protected reputation—Preventing accidents and ill health helps you maintain a caring reputation for you and your business. Just one workplace accident or scandal can tarnish that hard-earned reputation. A blemish on your business’s reputation can be hard to remove and can include fines, negative public opinion, plummeting sales and media scrutiny.
Exemplary health and safety not only equips your business for future growth, but it can protect you from the costly fees associated with workplace exposures.
© 2019 Zywave, Inc.