OSHA and Why Being Compliant is Good for Business
June 19, 2024
OSHA and Why Being Compliant is Good for Business
Making sure your workers are safe and cared for goes a long way in ensuring the success of your business, especially in industrial workplaces. Employee safety has many positive effects that often go unseen until an accident occurs. There’s a lot to consider when implementing safety standards into the workplace. Fortunately, the Occupational Safety and Health Administration (OSHA) provides a wide variety of tools and programs to make that task easier and help foster a safer environment for your employees.
Why do we need OSHA?
OSHA is a government agency founded in 1971 to focus on improving the health and safety of American workers. Over the past five decades it has developed many significant safety regulations and provided employers and employees alike with tools and programs to help comply with these regulations.
Much of OSHA’s impact is now considered second nature in the American workplace, but its effects have contributed largely to the betterment of employees and the businesses that serve them. Whether bottom line or corporate morale is your primary concern, complying with OSHA’s standards is the right way to do business.
Why is OSHA good for business?
The benefits of complying with OSHA are wide-ranging and can strengthen your organization across the board. Financially, research has shown that an effective safety and health program can save your company as much as $6 for every $1 spent. Accidents and injuries are expensive, especially when considering workers’ compensation and lost workdays.
According to one study by California’s Division of Occupational Safety and Health, businesses inspected by OSHA saved an estimated $355,000 in injury claims and compensation paid for lost work in the four years after inspection. Compliance also helps your business avoid fines and inspections that can lead to lost time. A safe workplace is an efficient workplace.
Does OSHA have any other benefits?
Aside from the monetary boost, compliance also fosters increased morale by ensuring your employees are cared for. Since OSHA’s outset in 1971, occupational injury and illness rates have been reduced by 40%. Healthy employees are more likely to show a commitment to the business and its success. Safety programs also have a positive effect on the image and reputation of your company, to both the public and your stakeholders.
Just being aware of the rewards of operating a compliant business is only half the battle. Implementing such strategies is the most important step, and can often appear overwhelming. Stronghold is here to guide you through.
How can Stronghold help you?
We specialize in helping industrial workplaces become safer and more productive by engineering and implementing solutions designed to protect what’s most important to you. We work with you to ensure each solution is tailored to fit your specific company, needs, and environment. Our goal is to minimize your risk and maximize your production.
From worksite analysis and hazard identification to prevention protocol and accident minimization, we are here to be your partner in fostering a safe, productive, and successful business.
For more information on OSHA regulations and operating a compliant workplace, give us a call today.