Anyone can be injured or even become ill at any time, there is generally little warning. In many cases, it’s possible to fully recover and return to work and life as you know it. Unfortunately, in some cases this isn’t what happens.
While an injury can happen anywhere, many occur at work. In fact, the latest statistics show that around 500,000 people had a work-related injury during the 2021-2022 financial year. As an employer; you need to do everything possible to prevent this from happening.
That’s why you need to have adequate insurance, conduct regular workplace risk assessments, and create a good relationship with a reputable occupational health care partner.
There are several excellent reasons why this is important:
Cost-Saving
It’s expensive running a business, but poor occupational health and safety makes it a lot more expensive. Injured employees still need to be paid but your productivity will reduce as you’re working with a smaller workforce. That will have a direct effect on your bottom line.
In addition, you may have to pay temporary workers to cover the shortfall. However, that’s not the biggest concern. An injured employee can sue. If your insurance doesn’t cover it the costs can cripple your business.
You’ll also find that poor occupational safety in the workplace equates to higher insurance premiums
Complying With Regulations
There are specific occupational health and safety regulations which your business must adhere to. You should verify what these are in your locality. They Are designed to protect you and your employee.
Of course, failing to comply with these regulations can mean high penalties. That’s something you’ll want to avoid.
Improved Productivity
When you take occupational health and safety seriously, your staff will see that you’re doing your best to create a safe working environment.
Unsurprisingly, they’ll feel safer and more appreciated at work. The result is morale will be higher and productivity levels will increase. Staff are also more likely to make suggestions to improve the workflow.
All of that will save the business money and may even help it make more money!
Business Reputation
Having a good business reputation is important if you want to attract customers and keep them. However, the same applies to staff. If you develop a reputation for looking after your employees, including their health and safety, you’re more likely to attract the biggest and best talent in the industry.
It might not save you money but it will help you stay at the top of your field.
Long Term Success
By ensuring the health and safety of your workplace, you’re not just inspiring confidence in customers and staff. You’re also creating a sustainable business model.
Employees will stay with the business, input their own ideas, and help the business flourish. In short, occupational health and safety doesn’t just prevent injuries, it helps ensure your business is there for the long run.
Summing Up
Your business is undoubtedly important to you. While you can simply do the legal minimum, taking occupational health and safety seriously means you’ll be creating an enjoyable and safe working environment for your employees and your business will reap an array of benefits.
Talk to your occupational health care partner today and make sure you’re doing everything you can in your workplace.