Workplace safety and preventing workplace accidents and injuries should be at the top of every business's priority list. But, sadly this is not always the case and some businesses think of profits over safety and possible work injuries.
However, a recent study found that not only do random inspections by the Occupational Safety and Health Administration lower the risk of a worker getting hurt while on the job, in cases where there are injuries, the workers' compensation costs associated with medical expenses and lost wages is actually lower.
According to the study, which compared 409 businesses that went through random OSHA inspection with 409 businesses that did not go through the inspection, there were 9.4 percent less worker injuries at those companies who went through the inspection. The data of the inspections, or lack thereof, was between 1996 and 2006.
Additionally, in cases where there were workplace injuries, the workers' compensation costs were 26 percent less when the company did go through an inspection.
Lastly, it was found that there were no negative economic consequences for companies that did go through an inspection. According to the study, those businesses that went through the inspection did not report higher job losses or a reduction in sales. The companies also did not go out of business any faster or slower than those companies that did not have an inspection.
When looking at this study, while it does not guarantee that all companies in New Jersey will start to take workplace safety more seriously, it does at least point to the fact that it will not economically hurt those that do.
Source: Reuters, "Safety inspections don't hurt businesses-study," Scott Malone, May 17, 2012
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