Proper work health and safety practices aren't just a collection of rules to ignore at will. Implemented right, they're a surefire way to keep your employees, your organisation and your profits healthy – outcomes which should be the goal of any business owner.
From working in confined spaces to handling asbestos, there are hundreds of risks involved in most modern occupations. With proper training and a mindful approach to minimising these, you and your employees can focus on doing what you do best and keeping your business running smoothly.
Let's look a little closer at how better WHS can make your business more positive, and most importantly, more productive.
The healthiest employees in Australia are three times more productive than the least healthy.
A chain is only as strong as the weakest link. The old saying is apt here, as one unproductive and negative employee can have a massive effect on others and greatly affect the functioning of your business.
The best method for avoiding this chain reaction is to keep your employees happy and healthy. A recent Medibank Private study proved this, finding that the healthiest employees in Australia are three times more productive than the least healthy.
Work health and safety won't solve all of your problems, but if it's implemented as part of a comprehensive push to improve employee wellness, it could double or even triple your employees' productivity. As you'll know, more productive employees means a healthier business and a more attractive bottom line.
Health and safety as a business decision
When people talk about health and safety, the focus is forever on employee wellbeing, and rightly so. But what about the real, quantifiable benefits to your business? Research from a recent Comcare study has found that a focus on employee health and wellbeing has the following results:
- Decreases sick leave absenteeism by 25.3 per cent,
- Decreases disability management costs by 24.2 per cent, and
- Saves you $5.81 for ever $1 investing in employee health and wellbeing.
Those numbers are convincing by any measure, but that's not all. Poor employee health and safety measures are proven to increase presenteeism, or employees showing up at work when unwell. This phenomenon has been proven by Medibank to cost the Australian economy a staggering $34.1 billion dollars every year.
On average, each Australian business loses 6.5 days of productivity annually per employee due to presenteeism – for a small business of 20 people, that's over 3 months of manpower.
Give the right training
Each Australian business loses 6.5 days of productivity annually per employee due to presenteeism.
Your employees are your bread and butter, without them your business would quickly crumble. That's why taking care of their health and safety at work is of paramount importance, as only then can they do their jobs to a high level.
Whether you're working in confined spaces, controlling traffic or typing in an office, give your employees the knowledge to stay happy, healthy (and productive) at work with an Alertforce training course.
We're one of NSW's foremost training providers and all the courses we offer are nationally recognised, 100 per cent tax deductible, and of the highest quality. Get in touch today to find out how the right knowledge and training could improve your business' bottom line.