Business Results through Health & Safety
Want to improve your bottom line?
Make you and your company a leader in health and safety. Business Results Through Health & Safety will show you how, with a relatively small investment in workplace health and safety, your company can gain substantial returns in profits and productivity.
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Brimming with quotes from business leaders, best practice tips, worksheets and other practical tools, Business Results Through Health & Safety will help you and your company develop action plans and institute health and safety programs in your workplace that pay off in
- profits,
- productivity,
- shareholder value and
- customer satisfaction.
You will learn to
- Integrate health and safety into your business plans
- Identify the elements of effective safety management
- Assess your company's current health and safety situation
- Develop and implement action plans for effective safety management
Plus, calculate direct and indirect injury costs, and NEER rebates/surcharges.
A Wealth of Business Expertise
Written in 2002 by business for executives and managers, the Business Results Through Health and Safety Guidebook is the product of a successful partnership between Canadian Manufacturers & Exporters (CME) – Ontario Division and the WSIB, with participation from member CME companies, health & safety associations and other leaders in health and safety. The material draws on extensive experience of Ontario companies already benefiting from a stronger commitment to workplace health and safety.
Injuries cost more than you think.
In 2002, the average lost-time injury in Ontario cost $59,000. In 2006, the cost is approximately $98,000. Direct costs to the WSIB account for about 20% of that figure. Current WSIB costs (average $19,560 per LTI) can be found in the 2006 Premium Rates Manual and Section 7, Supporting Documentation for Schedule 1. Indirect costs to the company make up the rest of the total costs, including:
- Property damage
- Lost production
- Manager and supervisor time
- Compliance costs associated with Ministry of Labour orders
- Lowered employee productivity while on light duty.
A business operating on a 6 per cent profit margin in 2002, would have needed nearly a million in sales to make up for the $59,000 lost that year from a single injury. Today, that same business would need over one and a half million in sales to recover the costs of a single injury.
Your business depends on your skilled and trained workers. Protect your workers and their families from the suffering and costs caused by workplace injuries. Protect your business from the high cost of injuries.
Injuries can be prevented. Let Business Results Through Health & Safety show you and your company how.
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