There is a growing trend for businesses to start taking workplace safety seriously. Organizations were often less than enthusiastic about it before things have started to change. With new research and data, organizations have realized that workplace safety is an important factor to consider.
Workplace safety was often thought to only matter for large-scale enterprises and industries dealing with heavy machinery. However, workplace safety is important across all industries and for organizations of all sizes.
OSHA (U.S. Occupational Safety and Health Administration) has put in work for the greater safety of employees all across the nation. Their goal is to eliminate workplace fatalities and any debilitating injuries. OSHA, in recent years, has started to partner with companies across the nation to understand how workplace injuries happen and how to stop them.
Importance of Workplace Safety according to John Spach
- Protecting Your Assets
An organization’s most important assets are its employees. Employees gain experience, tacit knowledge, and the ability to deal with critical issues. Personnel retention is always a key issue for organizations. So if your business cares that much about retaining its employees, then would your organization not care about preventing any harm to befall them.
By safeguarding your employees, you create an environment where employees can continue to work for you for a long time.
- Reducing Insurance Costs
Everyone knows that insurance premiums can be exorbitant sometimes. When employees suffer an accident or injury at their workplace, their insurance claims do affect your bottom line. It is significantly cheaper to ensure proper safety protocols in your workplace than to pay insurance claims continuously. This is why workplace safety is an investment that pays out in the long term.
- Better Morale
An employee who doesn’t feel in his job is not going to be happy. While you might not care about the happiness of your employees, it directly affects their productivity. Research has shown that happier employees are more efficient and productive than unhappy employees.
Employee satisfaction is a major factor in how to manage your organization’s workforce. By giving them a safe and secure workplace, you are more likely to retain key personnel and attract talented individuals.
An injured or hurt employee cannot show up for work. It is pretty easy to follow that logic. Such employee absenteeism due to injuries can cost companies hundreds of thousands of dollars each year.
Injured employees are unable to contribute anything meaningful to the company with no fault of their own. By reducing workplace-related injuries and accidents, your organization can reduce employee absenteeism and have greater workforce productivity.
Many organizations still, however, don’t understand or recognize its importance. They are in the mistaken belief that workplace safety is either a gimmick or that they don’t need such protocols. This is why John Spach explains the importance of safety in every workplace.
It is in the company’s best interests to ensure workplace safety from humanitarian grounds and an economic perspective. This is why organizations need to focus on improving their workplace safety.