Every business faces safety regulation challenges. It is unlikely to see business owners leap for joy upon being notified of OSHA workplace safety inspections. Yet, the most successful businesses look to OSHA as a resource, working together towards the common goal or workplace safety.
Workplace Safety Inspections Reduce Injury Rate
A study was conducted over a period of ten years looking at hundreds of California work sites subjected to random inspections and whether or not these safety inspections affected the company’s bottom line. Evidence from the study shows that inspected companies reduced their injury rate by 9.4% when compared to uninspected companies. There were no negative impacts on profits or sales.
Reducing Injury Rate Means Company Gets to Save Money
Furthermore, the companies that were subjected to random inspections went on and saved an average of 26% on workers’ compensation costs in the following four years. In the four years following random inspections, randomly inspected companies each saved about $355,000 in worker’s compensation.
This study was published in July of 2012 on Journal Science, and was conducted to challenge business group complaints about “job-killing regulations”.
Reducing the number of incidents that occur each year, drastically saves companies the cost of injury and illness. Maintain a strong safety culture by embedding safe working conditions and procedures in every aspect of your organization. Safety software allows you to document the details related to every incident that occurs, utilize the data from your investigation, and ultimately, raise the safety standard across your company.
