The right safety program for the location will reduce the frequency and even the severity of injuries.
It should come as no surprise to hear that there is a direct and very strong link between occupational health and safety plans and the occurrence of injuries and claims for damages by workers.
Employee safety is both an ethically and financially sound strategy for businesses.
Ensuring the safety of workers at work goes way beyond right. It also makes a lot of sense financially, which means that it benefits a company from every angle. The key is to make sure there is an effective health and safety plan in place, such as the one used by constructionsuper.com.
By keeping employees safe, employees know that they are being looked after, that they are missing out on less work, that they feel more secure in their work, that they are more loyal (which means less turnover) and that they are working more efficiently. At the same time, avoiding injury means companies will suffer far fewer losses over time. Your team members don’t need that much free time to relax.
In addition, employee claims for compensation in terms of number and size can be kept to a minimum. This is also a helpful step in keeping those insurance premiums down, as companies that are at higher risk for expensive claims will also have to pay more for coverage.
A solid job security plan can ensure that a company keeps its insurance rates lower.
Companies with a below average accident history receive a more favorable risk assessment for the calculation of the premiums for the remuneration policy of their employees. This means they will pay less over time when all is said and done. On the other hand, failure to observe the safety of a construction site can lead to an above-average accident rate in the workplace.
When an insurer looks at this high accident rate history, they find that one company has a higher risk than other similarly sized companies and a higher rate is applied to reflect that risk. The coverage will be the same, but it will be more expensive.
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Insurance offers to remember ~ “An action program involves risks and costs. But they are far less than the long-term risks and costs of comfortable inaction. “- John Fitzgerald Kennedy
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What is included in a job security plan?
According to the OSHA Small Business Handbook, there are four main components to an effective workplace safety program. These components are:
- Analysis on site
- Risk prevention and control
- Training of employees, supervisors and managers
- Management engagement and worker involvement
This strategy clearly shows that employee safety – and control of employee compensation rights and awards – encompasses all levels of an organization. It takes an appropriate leadership down attitude to ensure that workers’ behavior is reflected in that attitude.
This top-down approach ensures that a safety strategy in the workplace is well developed, communicated and implemented at all levels. It will also ensure that the plan is maintained over time to ensure continued benefits for worker safety in the workplace.
When properly maintained, these efforts are built right into the corporate culture and not only become natural parts of processes and policies, but are also continuously developed to improve site cleanliness, the treatment of tools and equipment, and the respect for the safety of other team members.
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