Why,business,health,and,safety business, insurance Why business health and safety needs to be addressed

They're simple, recognizable, and everywhere.  No matter how high tech our world gets, nothing has replaced the old-fashioned gumball machine as a source of traffic, profit and delight.  But even with something this simple and well-loved, Tax season is often referred to as “the busy season” for accounting firms. Everyone is exceptionally busy managing the flow of paperwork and digital files, preparing returns, meeting deadlines, and researching questions and problems. Unfor

The European Agency for Safety and Health at Work (EU-OSHA) has published a new research report on the business case for safety and health at work.The report notes that small and medium-sized enterprises (SMEs) need to use their resources wisely, and for such companies, economic arguments for improving occupational safety and health are crucial.The publication also points out that SMEs are the backbone of Europe’s economy in that they are responsible for 67 per cent of employment in the EU. However, these workers are disproportionately likely to suffer as a result of poor occupational safety and health: 82 per cent of occupational injuries and 90 per cent of workplace fatalities happen in SME businesses.‘The Business Case for Safety and Health’ looks at the existing literature on cost–benefit evaluations of occupational safety and health and then presents 13 new case studies on interventions in SMEs.In each case study, a business case is put together for the interventions, examining all the costs and benefits directly attributable to the changes made. This allows the interventions to be assessed from a purely financial point of view. The report concludes that 11 of the 13 interventions studies chosen for evaluation were profitable by the end of the five-year period.Overall, the report concludes that good occupational safety and health can have major financial benefits. The report also provides a useful tool to allow owners and managers of SMEs an insight into the potential benefits of improving health and safety, as well as the key factors involved in carrying out a cost–benefit analysis.How can I ‘sell’ safety and health to the business?One of the most common misperceptions about health and safety is that it is an expensive burden; people understand that it is important and understand its significance if it goes wrong, but often view it as a necessary evil. However it is important that people with health and safety responsibilities are able to persuade colleagues to overcome negative perceptions of health and safety fuelled by the media. They should be helped to understand that managing health and safety is not just about preventing injuries and ill health — it is a core component of a successful business.Implementing sensible risk management measures can lead to improved process efficiency, better reputation with customers, cost savings through avoiding ill health and accidents and better morale among the workforce.It is important to keep risk management measures proportionate – in a general low-risk environment such as an office then only a light touch is needed. In workplaces where more hazardous activities are carried out then risk management needs must be more comprehensive in order to deal with the higher risks.Typical barriers to a safety and health business case will include cost, increased workload and 'we’ve always done it this way'. These barriers need to be countered by getting across to the management team the cost benefits of the business case, any hidden costs that can be overcome, efficiency savings and why the current method is not sufficient.Change can be daunting for anyone, no matter how high or low their position in the company — and if not involved and consulted in the process, most people will defer to their previous ways, consigning a carefully planned project to the rubbish bin.



Europe Construction Equipment Market (2020-2026)

Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling ...


Raheja SCO Plots brings Commercial Space in Gurgaon

Being a financial and technology hub Gurgaon is a prominent place for commercial space. Raheja Developers just happens to be the most significant entities of the commercial real estate sector of India. Thanks to their outstanding construct ...


Find the Reliable and Qualified Packers and Movers

Have you decided to relocate somewhere in Mumbai and wanted to make a move? Well, you could be aware of the stress and hectic work associated with moving your things from one location to another. Either you make a move to the nearest locatio ...


Corporate video production and brand positioning

Corporate videos bring a touch to your marketing aspect. I have seen brands who are telling a compelling story in a more concise way. Here are some advantages to using corporate video for your brands.Videos are a fun way to describe your pro ...


Tips For Creating A Cleaning Company Logo

Your logo is the visual representation of your business and the first thing many potential customers will see. When global corporations are mentioned, people typically think of the company logo first. Nikes Swoosh, MacDonalds golden arches, ...


Learning from Five Common Accounting Mistakes

Most business owners spread practically all the nuts and bolts of business arranging aside from one significant angle that should be dangerous for their business-accounting. The idea among numerous new companies is that the accounting extens ...


Get To Know Everything About Kraft Bakery Boxes

Knowing the fact that all the bakery products ask fr durable and resilient packaging, you must also know that there are several ways to customize the right packaging. Now, for this, you have to team up with a packaging company that fulfils a ...


Here’s What Is The Purpose to Maintain Risk Register

Are you in need of knowing what a risk register is? Then you are here searching the result for your solution. It is sometimes known as the risk log. Corporate Risk Register is one of the project management tools that help the company and t ...


COVID-19: How it affects businesses and the economy

Updated Canadian economic forecastCanadas economic growth ground to a halt in the fourth quarter of 2019. With the economy already on precarious footing, the added shocks of the recent rail blockade protests, the arrival of COVID-19, and a c ...


How Secure is Internet of Things (IoT) - Experts Guide

IoT enables many new functionalities and possibilities to enhance living and business. However, more IoT leads to insecurity and responsibilities. IoT as a spectrum is growing and new technologies are implemented rapidly with an increase in ...


Reasons how company information saves your investments

What does company information include? Before you invest in a company or start a new business relationship with a client, it is vital to know everything relevant about them. Company information is any confidential data of a company that is ...