Your employees are the driving force behind the success and growth of your business. They are the most important and valued asset of your business, therefore, keeping them safe and secure while they are on the job is crucial. To ensure this, it is important to invest in injury prevention programs. Read on to learn how your investment in such programs can make a difference.
By implementing quality and well-conceived injury prevention programs in your workplace, you can significantly lower the risk of accidents and work related injuries.
When accidents increase in the workplace, they decrease productivity and lower employee morale, which has a direct effect on the company’s profit margins. Similarly, it is also indicative of the fact that your current workplace environment lacks safety and thus, is hazardous for other workers too, thereby putting them at risk to injuries and accidents.
However, when you implement a quality program for injury prevention, you can achieve the following goals:
- Reduce employee injury rate and illness
- Decrease absenteeism
- Improve employee performance
- Boost employee motivation and productivity
Meet Regulatory Requirements
Thirty Four states in the US at present have established regulations and laws that are designed to encourage injury and illness prevention programs (IPPs). Fifteen of those states have mandatory regulations for all or some employers to invest in and implement IPPs. On the other hand, in the remaining states, although injury prevention programs are not a requirement, they do give employers financial incentives if they implement such programs such as reductions in workers’ compensation insurance premium.
If you operate in the state where safety in workplace is mandatory, then adopting an injury prevention program designed by an expert is a great way to improve your business compliance with existing regulations.
Not only will such a program help you provide a safe workplace environment to your employees, it will also dramatically decrease injuries among workers and also transform your workplace culture in a plethora of ways. By establishing safety as your workplace value, it shows that safety is integrated into your business culture thus resulting:
- Reduced employee turnover rate
- Reduced costs
- Greater employee satisfaction
- Higher business productivity
Lower Workers’ Compensation Cost and Claims
Another top benefit of implementing an injury prevention program in your workplace is that it can significantly lower your workers’ compensation cost and claims. Needless to say workers’ compensation insurance that pays for workplace injuries and illnesses is the single most expensive line of coverage for employers.
Frequent workplace injuries result in additional costs. Although the direct cost of a worker’s compensation claim is straightforward, such as the medical cost and wage replacement payments which are paid through insurance, employers also have to experience significant indirect costs. In some situations, the cost incurred indirectly exceeds the direct cost. For instance, a bone fracture can generate a direct cost of around $50,000 on average. However, the indirect cost associated with it can reach as high as $55,000. Indirect costs include the following:
- Any income paid to the injured worker for absences from work that are not covered by workers compensation
- Wage cost pertaining to the lost of time through work stoppage associated with the injury of the worker
- Overtime cost
- Time invested by supervisors, administrators, and safety personnel on handling the workers’ compensation claim
- Hiring and training cost of a replacement worker
- Productivity loss in terms of work rescheduling, learning curve of the new employee and accommodation of the injured worker
- Cost associated with clean up, replacement or repairs of damaged equipment and machinery after the accident
Other indirect cost from a worker’s injury can include:
- OSHA fines and penalties
- Legal fees
- Employee’s pain and suffering cost
- Loss of good will
- 3rd party liability costs
All this cost can put a big dent on your financials and needless to say negatively impact your market reputation. However, you can keep a control on these costs and lower them dramatically if you have a quality injury prevention program in place.
Job Hazard Identification and Assessment
The injury prevention specialist will identify potential job hazards and assess them carefully in order to create a customized IPP. The process involves breaking a job down into smaller tasks and observing workers performing those tasks. This helps the specialist to identify potential hazards for specific to each task. They will analyze and evaluate the risks associated with that hazard, and accordingly determine the best preventive measures and controls to overcome those hazards.
The goal of this step is to find, as well as record possible safety risks and hazards that may be present in your workplace, which you may not be aware of. Implementing safety measures will help your workers perform tasks safely and simultaneously minimize the workplace injuries.
Hazard identification is usually done at different stages such as:
During design and implementation
- When designing a new procedure or process
- Purchasing or installing new equipment
Before carrying out tasks and when tasks are being performed
- Checking equipment
- Following processes
- Reviewing surroundings before each shift
- Sudden emissions or abnormal conditions
- Near misses
- Minor events
- Severe injuries
Like its said prevention is better than cure, it is advisable to hire an injury prevention specialist today to prevent accidents and lower the risk of workplace injuries. This is where we come into the picture.
At GSC Onsite Services, we have a wealth of experience and unmatched expertise in designing injury prevention programs. We have helped numerous businesses improve workplace safety, and we can help you too. Our experts perform a thorough analysis of the job site to determine and identify both existing and potential job hazards and accordingly, create an injury prevention program. At GSC Onsite Services, our goal is to create a safe and hazard-free environment for your workers, so that they continue to work productively and add to your financial bottom line.