When you are running a business, especially an industrial business, you are responsible for keeping your business as productive as possible. Also, you are responsible for keeping your employees safe. Safety in the workplace is your primary consideration. Obviously, you want to keep everyone safe because your employees are important and their wellbeing is incredibly important. From a business standpoint, though, keeping your employees healthy is the most efficient way to run a business. Your current employees are those who know their jobs best and are therefore the most productive employees you have. Also, a business that is fully staffed is able to do the work at the speed that it needs to be done. Accidents at work tend to result in a snowball effect. They begin to create more problems that quickly become serious issues. Here is how the snowball effect works.
The first step in the accident snowball is the accident itself. The accident can result from employee error or from some kind of malfunction. No matter what the cause, an accident occurs and hurts your productivity. The accident kills productivity that day. It removes one or more employees from the workplace and also distracts all of your other employees. That results in a loss of at least one workday. After that, you are likely going to be short-staffed until the injured employees return to work. Because the injured employees are not at work, you are going to be less efficient. You will either work more slowly or have to take fewer jobs. That will hurt your profits. Also, you might have to pay out some kind of worker’s compensation. That’s why so many business owners love to use a Take 5 booklet. The booklet provides critical steps to secure your workplace and avoid accidents.
If you follow the guidelines in the booklet and inspect your business as if you were an independent inspector, you can help identify potential problems before they become actual problems. The booklet costs a little bit of money but if you add up the costs of lost labour, lost efficiency, and worker’s compensation, you will save an incredible amount of money by buying the booklet.
A workplace accident hurts the confidence that your employees have in your business. They are less likely to feel safe at work, which makes them more likely to look for new jobs. Each accident undermines your employees’ confidence. After an accident or two, you might start losing some of your best employees. That’s going to further undermine your business’s profit and productivity.
As qualified employees leave and your profits suffer, you’ll have a much harder time finding new qualified employees. Since you can’t find qualified employees, your profits and productivity will suffer even more. That means you’ll have to hire less-qualified employees but you won’t be able to hire as many. Less-qualified employees working longer hours will result in more accidents and lower quality services. The cycle will start all over again.2016-10-28