At the end of the day, you’re running a business and everything you do needs to be as efficient and cost-effective as possible — and that includes your safety management. By outsourcing your safety management to professionals you’re getting expert safety management services without the cost of hiring an in-house specialist. Furthermore, professional safety management services like audits, training and management systems can save your business money by reducing injuries, illnesses, downtime and legal costs and increasing staff efficiency.
Hiring an OHS consultant Sydney specialist with BusinessBasics can save your company money by:
Reducing the number of workplace incidents and accidents through effective risk assessment
Workplace injuries, incidents and accidents can cost businesses thousands of dollars in worker’s compensation and in employee downtime.
Businesses of all shapes and sizes need to take proactive steps to reduce the chance an employee has a workplace accident or illness. Safe Work Australia estimated the cost of workplace injuries and diseases in 2012-2013 as 61.8 billion dollars – of which businesses pay roughly five per cent. This translates to $3.9 million paid for by businesses across Australia related to workplace accidents and illnesses.
In reality, many of these costly workplace incidents could have been prevented with the implementation of a professional safety management system.
Risk assessments, safety audits and inspections can help your business identify areas to improve the safety of your company in everything from policies and procedures, to signage, safety equipment requirements and training. Using professional OHS consultants, Sydney businesses can create a safe and healthy workplace for their staff with a reduced rate of workplace injuries — and reduced costs.
Reducing the likelihood of your business needing to pay fines, lawsuits, and penalties
The last thing you want for your business is to have to fight expensive legal actions. All it takes is one traumatic workplace injury to impact your bottom line and your reputation – and it’s certainly not worth the risk.
Every business must abide by their State’s WHS legislation and non-compliance can be extremely costly. Failure to comply with safety regulations also creates the additional risk of your employees getting injured in the workplace.
Safety management helps business owners evaluate their processes and procedures and conduct gap analyses on their safety performance. Investing in outsourced safety management can help your company avoid expensive legal action along with costly delays and prolonged staff downtime. It can also put in place procedures and insurances to minimise downtime and costs in the event of a workplace incident.
Improving staff morale and productivity
Staff who know their employers have their best interests at heart are more likely to stay on with the business longer and work harder.
Dedicated safety management helps create streamlined systems which also improves workplace efficiency. A well-running safety management system ensures staff are empowered to identify and eliminate risks, reducing their chances of workplace accidents. Staff will also have improved morale knowing they’re trusted with responsibility for the safety of the company and will be a valuable resource for improving your safety management system.