While often regarded as a means of preventing employee-centered issues, occupational health and safety protocols benefit businesses in more ways than one could imagine. Contrary to the persisting belief that investing in occupational safety measures require businesses to allocate larger percentages of their profit, the opposite actually happens.
Without proper knowledge on the importance of occupational safety, managers prefer productivity over streamlined operations that address health and safety risks. In the long run, the occurrence of safety lapses paralyzes operations in different aspects.
For one, a company with a bad safety scorecard projects a negative image to potential employees and investors. Borrowing the words of former Assistant Secretary of Labor for Occupational Safety and Health, Dr. David Michaels, “…Safe jobs happen because employers make the choice to fulfill their responsibilities and protect their workers”. An unsafe environment leads to the conclusion that the business is not in any way concerned about upholding employee safety.
As the right to a safe working environment is listed in the Universal Declaration of Human Rights, legal costs in the non-practice of occupational health and safety are also incurred. A business may even be ordered to shut its operation for repeated violations of state laws governing employee safety at work.
Providing safety talks to orient employees of their role in occupational health and safety increases employee motivation as they are seen assets to the company. This kind of mood increases participation and cooperation in addressing safety concerns and risks which administrators have initially failed to identify. The cooperation makes occupational safety more of a culture rather than a decree in the workplace.
As risks are identified in safety talks, the business is in a position where operation can go undeterred over long periods of time. Productivity is at its highest with the company’s manpower intact to respond to its clients.
Although small and medium enterprises may seem hesitant to invest a larger amount to occupational health and safety protocols, the driving force to encourage involvement to this effort may well be accounted by lower expenses in terms of worker insurance. If protocols are in place and safety talks permit effective communication about the importance and urgency of employee safety, profits can be allocated to expand the business rather than cover hospitalization, sickness, or injury expenses.
Promotion of employee safety at work is imperative and federal watchdogs monitor how well businesses uphold their thrust in encouraging a culture of safety at work. Penalties for work-related injuries and fatalities resulting from negligence of safety protocols, or their absence thereof, may be imposed. Together with the expenses, the business may be called out leaving a negative impression of the management.
While safety talks are often done as the business becomes operational, there are benefits of holding one before starting a business. Investors become equipped with information pertinent in assessing risks in operating the business. Different business natures call for varying degrees of safety protocols; and being able to identify these at an early stage assists in evaluating financial capacity, corporate social responsibility measures and employee benefit valuation.
Company leadership and an effective business plan are often undermined by events that lead to halting business operations. As work guidelines evolve, changing the perspective of a profit-driven management in terms of output can contribute to better profitability. Businesses are recognizing the importance of minimizing downtime and unallocated expenditures to keep operations afloat.
Safety talks can very well assist in the promulgation of an effective occupational safety management scheme. Designed to continuously improve as the need arises and new risks identified, the scheme only endorses a positive image towards the company. In this manner, returns on occupational health and safety investments can propel the business towards greater profits.