Companies typically get a return on investment of $3 for every dollar they spend improving. But new research shows many companies place too little priority on accident causes that have the biggest impact on their productivity, benefits and workers' comp costs.
Example: Businesses consider repetitive motion (ergonomic) injuries their top concern. But overexertion injuries actually cost them four times more, according to a Liberty Mutual Survey. Here are three ways to put your safety priorities in line:
Solicit employee input. Form a safety committee of managers and workers to discuss safety improvements regularly. Always weight the group on the workers' side.
Ask your insurer to come on site for safety training or safetysessions, which could reduce your premiums.
Assign safety responsibilities at field levels, not just with safety personnel. Then offer incentives for safe work performance.