Take Control of Workplace Safety
To protect your employees, assets, and productivity from workplace hazards, your business must first establish and maintain a safe working environment. Creating a safety and loss program at your business can help in three major ways.
Regulatory Compliance
One of the most important reasons to establish a safety and loss program is to improve compliance with Occupational Safety and Health Administration (OSHA) and other federal and state regulations. OSHA penalties alone can total up to $70,000 per incident depending on the seriousness of the infraction.
Safer Employees
To be successful, your safety and loss program should be updated and reinforced on a regular basis. Consistent training using up-to-date materials can help ensure that your employees are aware of potential hazards and that they know what to do when safety issues arise.
Stabilized Workers' Compensation Costs
A properly implemented safety and loss program should help you develop specific plans to address the underlying causes of past workers' compensation claims.
