Safety is often considered a cost center in many organizations. However, just as spending on machinery is an investment, spending on the well-being and safety of your employees, who are an asset for any organization, is also an investment. The safer the workplace, the better the employee productivity and therefore the better the profitability.
However, caught up in the need to improve topline and keep costs under control, safety can fall by the wayside. And often it is left to safety managers to react when an incident occurs rather than have a proactive approach. Though this may seem like a cost-saving in the short run, in the long run, businesses may end up losing due to penalties, compensations and litigation. Compliance will also become challenging.
This whitepaper highlights a set of lagging and leading H&S Metrics that all organizations should be measuring to prevent or mitigate future health and safety risks. And move towards a workplace where employees are safe and feel safe.