ResponsAble Safety Staffing is a staffing company built on a safety culture. Our culture is one of wellness and injury prevention, which creates a better work environment for our employees and saves you money. Our safety culture is not only good for our people, but it has a direct positive impact on your bottom line. We like to think that safety is an investment, not a cost.
We know that you want to protect the lives of your workers. But you’re also concerned about positive ROI.
Various studies have shown that just $1 invested in injury prevention returns between $2 and $6 – that’s bottom line profit from money that is not being spent on administrative costs, insurance, healthcare and lost wages due to workplace injuries.” (Find source here.)
So exactly how much do injuries cost?
According to the National Safety Council’s “Security Facts” report in 2014, the total cost to society for all injuries and deaths in 2012 was $198.2 billion. The average cost per medically consulted injury is $39,000, and the average cost of each death is $1.4 million.
- More than 25,000 individuals are forced to give up work every year because of injury or health issues.
- Nearly 50 workers are injured every minute of every work week, and 17 will die on the job every day.
Beyond the costs of medical services, there’s also replacement labor. Also, your staff will likely have to step away from other tasks to address the situation. You may also face some costs to investigate the incident and even protect yourself from a legal standpoint.
Indirect costs may include everything from the production downtime and its effect on your business. You may have to give sick pay, face OSHA fines, or legal costs. Indirect costs involve the productivity loss of dealing with the incident, repairing damaged equipment, and in the worst kind of scenario, your damaged reputation if you lost a contract with a customer.
Our Safety Culture Impacts Your Bottom Line:
- Higher Job Satisfaction for Employees
- Improved Productivity
- Injury Prevention
If you would like to continue this conversation about the positive ROI of safety staffing, give us a call at 225-753-1909 to discuss your specific needs and goals.