If you could save money, improve productivity, and increase employee morale, would you?

 

Businesses spend $170 billion a year on costs associated with occupational injuries and illnesses—expenditures that come straight out of company profits. But workplaces that establish safety and health management systems can reduce their injury and illness costs by 20 to 40 percent.

 

In today’s business environment, these costs can be the difference between operating in the black and running in the red. Injuries and illnesses increase workers’ compensation and retraining costs, absenteeism, and faulty product. They also decrease productivity, morale, and profits. Businesses operate more efficiently when they implement effective safety and health management systems.

 

A Fortune Five company increased productivity by 13 percent, while a small, 50-person plant decreased faulty product and saved more than $265,000 with a strong safety and health program. OSHA can help take the guesswork out of workplace safety and health by providing information and expertise to help businesses tailor solutions to meet their needs.

Tags: Safety and Health add Value to Your Business, injury prevention