As a corporate leader, global competition and razor-thin margins can pressure your employer to make financial decisions that conflict with health and safety standards. As health and safety professionals, it can become tiresome, having to constantly justify necessary spend. Let’s be honest – we know the safety training our company needs, and perhaps in the interests of getting that training, we’ll opt for the ‘discount’ option in order to please our employers and their bottom lines while still meeting our HSE legal requirements.
In reality, however, current safety statistics show that improving work site safety practices reduces both direct and indirect employee costs in the long run, saving money and even the company itself. Here’s how paying cheap now can cost you dearly later.