Insight
Quantifying the risks and productivity gains associated with safety improvements can be an effective way to get those improvements funded. By demonstrating the potential costs and consequences of workplace accidents and injuries, and by showing the potential benefits of safety improvements in terms of reduced costs and increased productivity, organizations can make a strong case for investing in safety.
Some specific ways in which organizations can quantify the risks and productivity gains associated with safety improvements include:
Overall, by quantifying the risks and productivity gains associated with safety improvements, organizations can make a strong case for investing in those improvements and can increase the likelihood of getting those improvements funded.