According to the U.S. Department of Labor, or DOL, statistics, an effective and comprehensive safety program can make a tremendous difference for businesses. Investments in these efforts are not just the right thing to do but also capable of returning their investment many times over.
Consider some U.S. DOL statistics:
OSHA, part of the DOL, runs a program called the Voluntary Protection Program. About 500 companies in hundreds of different industries participate in this program. These companies have saved a cumulative total of over $100 million each and every year. The main reason that these companies save money is because their average injury rates fall below about half of the average for each of their respective industries. Not only are these good safety records bound to save these companies money on all sorts of insurance premiums, they also help reduce turnover, improve morale, and even increase productivity. Apparently, safe workers can also work harder.
OSHA has more good news to report. Since the implementation of this administration about 3 decades ago, workplace facilities have been reduced by half. However, OSHA admits that they only employ tens of thousands of inspectors to cover millions of workplaces and hundreds of millions of workers. It would take their inspectors six decades to inspect every work site in the United States. That means that the burden of improving safety programs falls on companies and not the government.
These are some proactive steps to provide an integrated safety culture in your business:
At Ventiv Technology, we help hundreds of companies manage safety programs that protect hundreds of thousands of workers in the United States and all over the world. Our technology solutions can help you improve and quantify your company's integrated safety culture. The whole purpose of this is to integrate safety into all aspects of your business. In turn, your company can improve your safety record and reap all of the benefits that the safest companies enjoy. Learn more about our safety management software and enterprise risk management solutions today.