Accidents at work aren’t limited to occupations that are inherently dangerous. The truth is that accidents can happen to anyone in any profession.
So, whatever your industry, pay attention to the risks. Under health and safety laws, the employer is compelled to provide people with a safe place to work. Substantial fines and penalties are imposed for failure to comply with the legislative obligation.
Regardless of the size and nature of your business, ensure each employee receives appropriate health and safety training. Equally, employees should be trained by a qualified instructor to provide first aid and CPR.
When someone in the workplace gets injured, you have to bear the full costs. There are direct and indirect costs associated with an accident at work. If you’d like to find out more, please continue reading.
Direct Costs Include Workers’ Compensation Payments, Medical Expenses, And Costs for Legal Services
Here is an example of a work accident. You ask one of your employees to use a ladder to carry out a task at work. The ladder slips, which in turn causes them to fall onto the floor, hurting their ankle. Following surgery for a ligament repair, the foot is put in plaster. Hours of rehabilitation and physiotherapy are required. Workers’ compensation contributes to the medical bills, treatment, and lost wages as the person isn’t able to work due to their condition. Without this kind of insurance, you’re financially responsible. After all, the rubber feet on the ladder were missing.
A person with a work injury can have both a workers’ compensation claim and a personal injury claim. Imagine the following situation. In a building project, a bricklayer on an elevated scaffolding drops a tool by accident. That tool the outcome is that someone is hit in the head. It can be an electrician or any other professional. The injured victim has the right to a workers’ compensation claim against their employer and a personal injury claim against the bricklayer and their employer for negligence. The experts at Accident Claims Advice draw attention to the fact that all information relating to such incidents should be correctly documented in the Accident Book.
Things can and do go wrong. It’s important to understand that it’s not just the big accidents that cost you a fortune. Even the less serious ones can end up costing a lot of money. Besides the financial costs these unfortunate events bring about, there’s also the stress of dealing with them. Find out what could cause harm and do something about it.
There’s No Such Thing as A Typical Accident, So the Indirect Costs Can Be Difficult to Quantify
When an employee is injured, you lose one of your most important assets. Each worker is a major contributor to the profits and worth of the organisation. Their abilities, knowledge, and expertise can’t be replaced. If you have someone who is no longer able to work, this creates a shortage that can slow down production. Too many injured workers can bring a department to a standstill. Supervisors and forepersons have to investigate the cause of the incident. New employees need to be trained to replace the injured ones. At any rate, some kind of arrangement needs to be finalised. The damaged machinery, tools, and other items should be repaired or replaced as soon as possible.
In spite of the fact that work accidents are preventable, safe practices and proper training are rarely enforced. As a leader, you unintentionally develop a culture of fear, which can have a sizeable negative impact. Workers don’t feel good about what they do and develop the conviction that management doesn’t care about them. Low morale can lead to decreased productivity, absenteeism, conflicts, and so on. If employees know that you consider their health, safety, and morale, the aforementioned risks can be mitigated. What is important to keep in mind is that an injury is distressing and traumatic, even for those who aren’t injured.
Some clients might want out of their contracts. That’s because the accident at work projects a negative image of the company. You’ve dedicated resources and delivered on your side of the agreement, but the other party might not be willing to do the same. When they ask for their money back, it’s too late. The only thing left to do is make the clients leave as happy as possible. A negative review on Yelp and other sites can hurt your chances of securing future prospects. Compared to the damage to the organisation’s reputation, the monetary costs might seem minuscule.
To sum up, the indirect costs of a work accident have long-term effects, notably on profitability. To keep the overall costs to a minimum, prevent workplace accidents. While they can’t be eliminated completely, there are specific plans, preparations, and actions that can help reduce the occurrence. Keep your company safe, productive, and running smoothly.
Effectively Reducing Accident Rates Involves Company Culture Transformation
You can apply administrative controls, engineering controls, and, most importantly, offer personal protective equipment to reduce the risk of injury. In case you didn’t know, cultural factors in the workplace can foster hazardous practices. Consider changing workplace culture for improved safety performance. Employees may resist change unless it’s presented in a way that offers incentives. Therefore, point out the positive impact of safety improvements. Acknowledge the shortcomings in your safety culture and demonstrate leadership. Don’t be found guilty of saying one thing and doing something else in terms of workplace safety.
While deadlines and productivity matter, safety in the workplace should be your core priority. Encourage people to work efficiently but cautiously rather than rushing to complete their tasks. Everyone is accountable for maintaining standards and procedures. You, as the employer, bear most of the responsibility, but everyone should bring their contribution to make sure that possibly harmful conditions are addressed. Consider asking on-site workers to offer their input when creating safety policies. Safety supervisors should no doubt oversee the work zones. Saving on the costs is an investment for the future.