Manufacturers face an array of potential workplace injuries which can drive up workers’ compensation costs, burning a hole in your pocket while putting your employees at risk. The best way to avoid this is to make sure your business has a comprehensive safety program in place that is OSHA (Occupational Safety and Health Administraion) compliant.
So, what does this entail? Let’s explore some of the best ways to keep your employees safe and save money at the same time.
Building a Comprehensive OSHA Program. It’s as easy as five basic steps.
- Create programs that meet the OSHA regulations.
- Incorporate these programs directly into your daily business operations and routines.
- Promptly and thoroughly investigate any and all workplace injuries or illnesses.
- Provide proper safety competence training for all your employees.
- Have all your programs audited regularly to ensure growth regular and improvement.
Statistics. Did you know that for every 100 accidents, only 10 are recorded and only one is a lost-time incident? That means that 89 other accidents go unnoticed and unrecorded. With these kinds of statistics, it becomes impossible to maintain a quality and cost-effective program.
In order to reduce serious injuries and illnesses, it’s paramount that you investigate each and every incident, so that incremental actions are taken to build a more comprehensive safety program.
What Are the Benefits? Lets take a look.
- Studies have shown that the return and bottom-line benefits justify the investment in a comprehensive, OSHA-compliant safety program.
- Having an OSHA-compliant safety program also reduces OSHA fines.
- Competency-based programs lower the rate of accidents, which in turn lowers your workers’ compensation costs.
- Having a safe workplace also establishes stronger employee morale, which improves your ability to retain employees and strengthen your company. Regular audits also help to keep improving conditions.
- Competency-based programs help create employees who are more fully immersed in the various aspects of the daily operations of their job. This directly leads to improved goods and services and a stronger overall business.
Call (949) 222-0444 if you are interested in finding the most effective coverage for your manufacturing business. ERM Insurance Brokers in Irvine, CA has experts standing by!