As every workplace safety manager knows, proactively reducing hazards and training workers is essential to job safety. What few understand, however, is just how large of an impact improving workplace safety can have on a business’s bottom line. According to a report by the American Institute of Chemical Engineers, its effect is fourfold.
First, prioritizing worker safety displays corporate responsibility. As a result of a company’s improved public relations, it often experiences greater business flexibility.
In a more quantitative sense, focusing on workplace safety can reduce the number of catastrophic events that could lead to human injury or expensive property damage. In addition, maintaining a safe work culture can help companies complete projects faster and at a higher quality, adding sustained value over time.
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