The ROI of safety: Making the business case for safety and health

Direct workers’ compensation cost businesses significantly every week and billions of pounds per year are spent on disabling, non-fatal workplace injuries.

Those direct costs don’t include indirect costs, like training replacement employees, accident investigation and implementation of corrective measures, lost productivity, repairs of damaged equipment and property and costs associated with lower employee morale and absenteeism. In addition, Injured employees often have families to support or help support. A disabling injury to one member can drive an entire family into poverty.

It’s not surprising, then, that the return on an investment (ROI) in safety is significant:

  • Positive public image: Employers want their employees, customers and the public to view them as safety minded, health conscious and sustainable.
  • Compliance with regulations, laws and standards: Non-compliance can be disastrous and cost an organisation financially and in public perception.
  • Cost savings: Occupational safety and health (OSH) programs can reduce costly worker injuries and incidents—allowing companies to reduce expenses related to medical care, paid time off, litigation and disaster mitigation.
  • Increased operational efficiency: An organisation-wide focus on safety leads to higher worker productivity, which drives short-term revenue growth and supports long-term sustainability.

Find out how an investment in safety is not just an investment in protecting employees, but an investment in sustainability and resiliency for your company.

To download this, The ROI of safety: Making the business case for safety and health, whitepaper from Intelex, simply fill in the form opposite…

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