10 reasons why health & safety is important to your business
Workplace health & safety is all about sensibly managing the risks to protect your workers and your business. Good health & safety management is characterised by strong leadership and involving everyone, from the top down - managers, workers suppliers, contractors and customers.
The benefits most widely discussed are that health and safety protects people, but often health and safety is seen as a burden to business. Too much paperwork, too many laws, the red tape and the headaches!
It doesn’t need to be viewed that way. Growing a positive health and safety culture is just one of the benefits of managing health and safety successfully.
Why is health & safety important?
It’s good to know the benefits, so we’ve listed 10 reasons why health and safety is important.
It makes good business sense to:
- Boost staff morale and productivity - a safer workplace is a happier workplace. This can lead to improved staff turnover rates.
- Reduce risk and lessens the likelihood of incidents. Less paperwork and fewer staff absences.
- Reducing downtime caused by illness and accidents means less disruption and saves your business money.
- Avoid repetitional damage and lowers insurance costs.
- You legally obliged to comply with health and safety law. Legal breached can result in fines, prosecution and even imprisonment of senior execs.
- A good health and safety record is a source if competitive advantage, it builds trust in your reputation and brand.
- It attracts investors and partnerships as you may need to demonstrate your commitment to health and safety.
- Makes you feel good. Thinking about people you have helped by providing a jobs and safe place to work. You have put a lot of time and effort into this!
- Saves you money. Health and safety should be seen as an investment, reduces incidents and staff leaving, saving the cost of recruiting and training up a new employee.
- More and more job hunters seek roles with employers who share their values, so a strong corporate image may start or retain the best employees.
Focusing on H&S will save you money in the long run...
Rather than being an expense, health & safety procedures should be considered as an investment as the results are just as important as any other measurable business objective.