About Health & Safety
Improving workplace Health & Safety standards provides a
financial benefit to many businesses’ bottom lines.
Below are just some of the key benefits that BOH&S can
provide for your business through proactive and appropriate
Health and Safety management...
Improved productivity for your business
Improved health and safety standards can lead to better
productivity and increased motivation if employees are able to
carry out their work with less difficulty and danger. Good levels
of health and safety standards within the workplace will help
maximise the amount of up time your business enjoys.
Reduced costs of absenteeism
Improving health and safety standards in the workplace reduces
the likelihood that people will need sick leave in the first place,
and bringing them back to work quicker means less disruption
in the long run.
Reduced replacement staff costs
Replacement staff, whether due to accident or illness, are only
likely to be in the position temporarily, so they may not have
the same level of commitment as your regular staff do. There
will also be a learning curve while staff take time to ‘learn
the ropes’. Avoiding the need for recruiting replacement staff
means you will save money, benefiting your business financially.
Safeguarding your company’s reputation
If your company comes into disrepute for any reason, including
avoidable injury or accidents in the work environment, or
continued employee ill health, it can cost you more than merely
replacing that member of staff. Negative brand association is
very hard to reverse. By implementing a simple and effective
health and safety programme you can prevent damage to your
business’ reputation
Reduced insurance premiums
Saving on the cost of employee accidents and ill health is an
investment in the future of your business. Poor health and
safety procedures could mean increased insurance premiums
or difficulty in obtaining future insurance cover. If insurance
companies see that a good standard of health and safety in the
workplace is being maintained, they will be less exposed to
claims on that insurance policy. This will, in turn, lead to lower
insurance premiums.
Reduced impact of non-insurable costs
Company Insurance policies only cover a proportion of the
costs of accidents. Costs that are not covered by insurance may
include sick pay and overtime, production downtime due to
repairs to damaged plant and equipment, loss of contracts, legal
costs and any fines imposed by the courts. You can protect your
business against the uninsured costs of accidents by having
good standards of health and safety in the workplace.
For a free consultation on assistance in implementing sensible safety solutions contact us
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