Safety Impacts the Bottom Line

Safety Impacts the Bottom Line

Safety Impacts the Bottom Line

Roosevelt Smith

23,12 €
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Editorial:
Outskirts Press
Año de edición:
2014
Materia
Contabilidad general o financiera
ISBN:
9781478727361

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The area of Occupational Safety and Health (OSH) has become a subject of improving significance over the last 30 years. Initially dealing with issues in market and risks associated with mechanical or technical injury, the Occupational Safety and Health field has extended to almost every environment, from the office to the aircraft, as well as a clinical setting. Beyond the cost savings, improved safety has many beneficial effects. In one recent survey, 95 percent of business executives reported that workplace safety has a positive impact on a company’s financial performance. Typically, companies that implement a comprehensive safety and health program report that employee morale improves, leading to increases in productivity, competitiveness, and profits. This text separates into sections. The first section involves how safety affects the bottom line. Section 2 looks at the various management systems. The third section follows with areas of safety engineering, requirements and case study analysis. Our task, as business leaders, is to continue to reduce risk, secure our workers and increase our safety lifestyle. Demonstrating the value of safety to management is often a task because the revenue (ROI) can be complicated to evaluate. Safety needs to be inserted naturally into the entire working environment, starting at the top level. Safety factors are something you want to be proactive with, not reactive. Creating a safety program will eventually help your organization’s bottom line.

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