This section of our website is intended to provide a few perspectives on the “business” aspects of safety.
While we are all very concerned about the health and well-being of our employees, and ensuring that our employees get home safely from work every day, there is still the important business component to consider. Employers know from their WHSCC assessments that accidents cost money. Indeed, the cost of workplace accidents are directly linked to these assessments – the higher the accident costs, the higher the assessment. Then we have all the “indirect costs” such as lost productivity associated with training a replacement worker, etc. The business implication is simple, “reducing accidents will reduce costs, and reducing costs will improve profits”. Indeed, the slogan of our safety association is “Safety is good business – Plain and Simple!”
Many employers still consider safety programs as a cost. However, the articles found below provide a different perspective on this. They are definitely worth a read!