Is Health And Safety Linked To Business Success?

Posted on written by Sam Barton

For many people, health and safety can often be seen as detrimental to a business. A common view is that it causes too much ‘red tape’ and it decreases efficiency by putting stumbling blocks in the way of production.

Is this really true?

Health and Safety is a vital part of any business and similarly creating a positive health and safety culture is something that should be commended rather than criticised.

So is health and safety really linked to business performance and success?

Increased Productivity and Maximised Efficiency

Rather than being damaging to productivity health and safety can actually contribute to better business results.

Improved working conditions, fewer accidents and a positive health and safety environment results in a happier workforce that will produce a higher output. As fewer days are missed due to accidents and equipment is kept in good condition it means that a business will enjoy greater productivity than one that doesn’t take employee welfare seriously.

Health and safety is something that most major businesses place emphasis on and actively promote within their organisation for these very reasons.

Boosting The Brand

A soft ROI of investing and maintaining health and safety in the workplace is what it does for that business’ brand image.

With marketing and social awareness being so important in the 21st century market there is an onus on businesses to promote a positive image of itself. A company that is concerned with the welfare of their employees, disposes of waste accordingly and demonstrates its social responsibility will fare better than one that does not.

The ethos of health and safety is about the employees and how a business conducts itself but it also has a powerful PR message too and can work wonders for brand promotion.

Reducing Avoidable Costs

The third biggest advantage that a positive health and safety culture has for any business is the reduction in avoidable costs.

This includes a reduction of compensation claims if an accident happens as well as production decreases due to staff missing work. These costs can be avoidable if a proper system of health and safety is practised.

Dealing with sick pay, absenteeism, staff discontent and replacing cheap Personal Protective Equipment (PPE) can all be avoided as well if health and safety is taken seriously and adhered to in the workplace.

Health And Safety Does Have A Positive Impact On Business Performance

Following proper health and safety policies will not make a business a success on its own but it will go a long way to help.

The fundamentals of any company should be based on staff happiness, production output, avoiding unnecessary expenses and promoting a positive image to the public. Health and safety is intrinsically linked to all 4 of these performance measures and is a vital cog in the running of an organisation.

Instead of looking at health and safety is a roadblock to success you should see it as something that is essential for a 21st century business to prosper.

 

Business success vs health and safety

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