Business owners will do something to make their premises a safe environment for workers. What might shock you is that some have no interest in workplace safety. Instead, those company bosses focus solely on profit.
Even if you respect the law enough to follow health and safety rules, you might wonder why it’s so important. In today’s blog post, I’d like to share with you some of the reasons to take safety seriously.
You’ll have a more efficient workforce
If your staff have to keep sorting out safety issues, your company’s productivity drops. Instead, it makes sense for your employees to concentrate on their work. You pay them to do a job, not spend their time preventing injuries at your premises!
Staff will be more efficient because they know there is an effective health and safety policy. That means if something happens, there is a process they can follow to reduce the risk of injury and danger.
You won’t have a high staff turnover
When people don’t like working for someone, they’ll just quit and find work elsewhere. One of the reasons for that happening is down to health and safety in the workplace. And if you don’t follow puwer regulations, you could be breaking the law too. As you can imagine, people don’t want to work for such an employer.
High staff turnover is bad for business. First of all, your HR costs will go through the roof. And, second, your company’s reputation will diminish. After all; people base purchasing decisions partly on how a firm treats its staff.
You don’t want to get sued
What happens if your company is knowingly in breach of health and safety rules? Well, the obvious fact is someone will get injured at some point. But, it’s also likely they’ll wish to seek compensation for their injuries.
Sure, you might have insurance in place to protect your business against such matters. But, if it has to pay out a compensation claim, your premiums will rise. In some severe cases, you might become uninsurable! The better option is to lower the risk of your firm getting sued by employees. Keeping on top of safety in the workplace is the best way of doing that.
You don’t want to end up bankrupt
Imagine if a workplace injury became well-known and even featured in the media. The reputation of your company will, in effect, lie in ruins. Once loyal customers could end up working with your competitors. It only takes a few lucrative customers to go elsewhere to cripple your business.
You want to avoid government inspections
Let’s say that your business involves working with dangerous materials. If your workplace safety is lax, it’s likely government inspections will be visiting you.
When that happens, the consequences could become dire for your business. For example, they might fine your company. If you can’t afford to pay those fines, you may have no choice but to shut down your firm.
As you can imagine, that’s the last thing you want to do! But, all that is avoidable by just taking safety more seriously.