White Paper

5 Pages
  • 5 Pages

What are the Costs Versus the Benefits of Loss Control Efforts?

 

Learn how an investment in safety can save money spent on injuries and illnesses.

When management reviews the income statement in an effort to reduce costs, safety activities may be one of the line items that are considered as a place to cut funding. So how exactly does cutting money to prevent workplace injuries transfer to the bottom line of the company? Or another way to phrase that is – are safety activities worth the money? This white paper reviews what happens when a company chooses to institute a safety and injury management program which reduces or eliminates injuries and how that can help to lower insurance rates, and other costs.