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During the Singapore Workplace Safety and Health conference, a shocking statistic was made public, according to Straits Times: 9 out of every 10 deaths in the construction industry could be attributed to employees learning unsafe behavior when training for the job. This line of thinking doesn’t start with workers, though—it begins with the company itself.
The introduction of safety management software in a workplace environment demonstrates to employees that their health and wellness is a high priority. As it should be—businesses spend roughly $170 billion a year on injured workers, and the Occupational Safety and Health Administration reported this cost can be cut down by one-third on average with the introduction of safety management systems.
In fact, business owners often see a return on investment of $4 to $6 for every $1 spent on improving safety in the workplace, according to OSHA. The initial cost can be seen as a barrier in some smaller organizations, but these unrealized savings can’t be taken for granted. They stem from increased productivity due to reduced downtime from injuries, the absence of workers’ compensation costs and legal costs associated with incidents.
What exactly does safety management software do?
There’s a lot going on in any company, big or small, and safety software isn’t always at the top of the list. Ultimately, though, an organization can’t operate without its employees, and safety management software allows small businesses to invest in the thing that sets them apart from the competition—their workers.
If better safety protocols, a safer workforce and an additional revenue stream all sound like areas your company wants to invest in, it may be time to transform your small or mid-sized business around health and wellness by embracing safety management software.