Reap the Benefits: The Real Cost of Making Your Workplace Safe and Healthy

workplace

workplaceWhether you manage or own a business, it is of utmost importance to make sure that no one will get hurt on the job.  This is especially true for industries with demanding and dangerous work, such as construction and mining. As an employer, you have a unique opportunity to improve the wellbeing of your staff by investing in a safe and healthy workplace.

The benefits can go beyond making employees engaged and inspired. In fact, according to the Department of Health Australia, the healthiest employees are three times more productive at work than their colleagues. There is also reduced absenteeism and sick leave, as well as improved corporate image and retention of staff.

Issues with Unsafe Workplaces

With unsafe workplace and working conditions, however, the repercussions are serious. There is an increased cost from injuries and workers’ compensation insurance, with decreased employee morale, motivation and job satisfaction. Workers are also likely to become sick, affecting productivity and work performance.

Create a Safe Workplace

Strategic Safety Australia supports the advocacy of Healthy Workers Initiative in creating a healthy and safe workplace. As no two workplaces are exactly the same, it is best to tailor the approaches to the needs of the employees and the workplace. Depending on the circumstances, you may choose to implement simple strategies and improve it over time, or follow a detailed strategy right away.

Money Well Spent

The money you’ll spend, of course, will not go to waste. You will enjoy big savings in the long run, mainly because of boost productivity.  Employees who feel safe are inspired and have higher productivity. The expenses on safety programs will go directly to your business’s bottom line, and it is hard to find a good investment with that kind of return.

Good Business Reputation

A safe workplace will also protect your reputation and encourage other businesses to invest in your company. This good reputation is also because of zero injury rate and accidents. You will substantially reduce expenses from employee compensation and insurance premiums, or costs associated with vehicle accidents.

It is hard to ignore the true value of making your workplace safe and healthy. Make sure to invest in the right program and strategies to improve the health and condition of your business and employees.