As an employer, it can be tempting to try and save money in as many different areas of the company as possible, but when it comes to workplace safety, costs should never be cut. Failure to invest in the safety of your workforce could find you facing the financial toll of workplace injuries and hazards.
Investing in high quality PPE is a sensible decision that could save your company hundreds of thousands of dollars, and with plenty of reputable safety suppliers in the U.S., there really is no excuse for not properly equipping your workforce with the protective safety wear they need and deserve.
Here are just some of the ways quality PPE can save your company money:
· By reducing the likelihood of workplace injuries
With the right PPE, your workforce can go about their work free from concerns about injuries or exposure to hazards, and that’s good for any business. The costs associated with workplace injuries can quickly stack up, when you consider such things as medical bills and claims for compensation.
When you look at it from this angle, PPE costs are minimal in comparison, and definitely worth investing in.
· By lowering your insurance premiums
As touched upon above, good quality PPE can significantly reduce the risk of workplace injuries, and therefore significantly reduce the costs related to them. But one other advantage of investing in quality PPE, is that you’re more likely to lower your insurance premiums. If your company has few accidents in a year, insurers will equate that with good workplace safety, and your insurance costs could be slashed dramatically as a result of this.
· By helping you retain employees
Employees who feel as if they’re worth protecting, are much more likely to feel valued at work, and when employees feel valued, they’re more likely to want to continue working for the same company.
Investing in quality PPE can work wonders for employee retention.
· By boosting productivity
Appropriate, high quality PPE can make your employees feel valued and safe while in the workplace, and just as employees who feel valued and safe are more likely to stay working for the same company, they’re also more likely to work harder, too.
With fewer accidents and all employees able to fulfil their roles safely and efficiently, making an investment in PPE could see company productivity go through the roof!
· By ensuring you’re not at risk from lawsuits and penalties
Employers are bound by laws designed to protect employees while at work, which detail what protective clothing they must wear. Failure to provide them with the PPE they need, and your company could face serious legal issues.
If you’re committed to the safety of your workforce, invest in high quality PPE and stay on the right side of the law.
There are so many advantages to buying high quality protective workwear from PPE suppliers, that it simply makes good business sense to do so. From higher rates of retention, to increased productivity and a lack of costly compensation claims, if your PPE strategy is lacking, it might be time to give it a rethink.