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How much money could better WHS training save your business?

 

One person was injured at work every minute during the year ending June 2014, according to the Australian Bureau of Statistics. While not all of these accidents resulted in claims, this shocking statistic reveals the staggering truth about the dangers in the workplace.

Could better work health and safety training have prevented the costs of accidents, and how can you cover all your bases when it comes to your business’ safety?

Serious injury claims cost Australian businesses serious money.

How many claims are there per year?

During the period mentioned above, Australian workers made 106,565 serious accident and injury claims, with most of them made by males (67,765). The majority of total claims were made to cover the expenses of injury and musculoskeletal disorders (95,625) and the rest were made up of diseases caused by the workplace environment. The professions with the highest risk were:

  • Manufacturing with 11,255 claims,
  • Construction with 11,135, and
  • Transport, postal and warehousing with 8,280.

In 2014 there were roughly 2 million businesses trading in Australia, meaning that one in 20 experienced a serious claim by a worker during this period. That surprisingly high figure shows that each and every Australian business can benefit from reducing risks in the workplace with better health and safety training.

What could a claim cost you?

According to Safe Work Australia the average claim sits at above $8,000.

According to Safe Work Australia the average claim sits at above $8,000, a number that doesn’t take into account the decrease in productivity and increased time off caused by workplace injuries.

In reality, the cost to your business of one serious accident could be in excess of $20,000 or more. That’s enough to cause serious issues for smaller businesses operating with tight cash flow.

Cover all your bases with proper training

Don’t leave your employees’ safety and business success to chance. Invest in the proper work health and safety training to ensure that your employees are best equipped to create a safe and productive workplace.

Here at Alertforce we’ve been providing high quality, nationally recognised training courses for many years now. We would love to help you keep your workers safe, and your business running smoothly by educating and up-skilling your workers on any one of our numerous short courses. Enquire today.

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