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usiness leaders could be forgiven for groaning inwardly at the mention of “health and safety” as it is often perceived as

burdensome, costly and unnecessary. But good health and safety practice can reap rewards – and here we take a look at some of the business benefits of getting it right.

Protect your workers No one in business wants their workers to go home at the end of the day injured, ill or, in tragic cases, not at all. Good health and safety risk management can help you identify and control the risks in your business and protect your workers, and their families, from the suffering caused by accidents and ill health.

business case for health and safety

By Carolyn Dukes, managing director of health and safety consultancy Safety Synergy Ltd.

22 insight NOVEMBER/DECEMBER 2016

Save absence costs Making your business a safer place to work will reduce the amount of sick leave taken by your workers saving you the extra costs of paying salary to someone who is absent, the overtime costs of other employees covering the additional work, and loss of income due to reduced output. Other less obvious costs include recruiting and training replacement staff, the increased stress caused to other workers, and possible reduction in service and quality with a knock-on effect on your reputation.

Save recruitment costs Reducing worker absence due to illness and accidents caused at work will help you retain good staff who you have invested time and money in. Recruiting and training up new employees can be time-consuming for a business, with a period of reduced productivity while they gain experience. High staff turnover can be unsettling for all employees, and give the wrong impression to your clients about business stability.

Save insurance costs Creating and maintaining a good standard of health and safety in your workplace can mean lower insurance premiums. You are legally responsible for the health and safety of your employees when they are at work - most employers will have to pay Employer Liability Compulsory Insurance to cover for ill health and injuries to their employees whilst at work. Personal injury claims can prove time-consuming, costly and also damaging to a business’ reputation.

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