Why Your Company Should Be Building a Safety Culture
- Posted on: June 18, 2018
- By: Will Montoya
- Category: Property and Casualty Insurance, Safety Culture, Workers Compensation
June is National Safety Month so this is the perfect opportunity to discuss the importance of building a safety culture. Of course, workplace safety is important to you. But how important is it to your employees? If you don’t know, it may be time to evaluate the safety culture at your business and think about what you can do to improve it.
First, What is a Safety Culture?
A safety culture is the shared beliefs, practices and mindsets that shape behavior at an organization in a positive way.
A company’s safety culture is a direct reflection of the organization’s overarching culture and the people who work in it. As a result, most employees will generate their perceptions of safety and its importance based on the attitude their employer projects. For instance, if a manager is texting while driving to a client appointment with a new colleague in the vehicle, that new employee may feel that is an accepted safety policy within the company.
Why Should A Company Implement a Safety Culture?
According to OSHA, an established safety culture can reduce your injury and illness costs by 20 to 40 percent. Many property and casualty insurance carriers may look favorably at a company that can demonstrate they have consistent and documented safety training. When it comes to the costs associated with safety, consider these statistics from OSHA:
- Employers pay almost $1 billion per week for direct workers’ compensation costs alone, which comes straight out of company profits.
- Injuries and illnesses increase workers’ compensation and retraining costs.
- Lost productivity from injuries and illnesses costs companies roughly $63 billion each year.
If you look at your workers' compensation costs and notice perpetual premium increases, it may be time to evaluate and analyze the effectiveness of your company's safety culture.
Elements of a Well-Developed Safety Culture
- Emphasize safety as an integral part of the company mission
- Require accountability at all levels of the organizations
- Make sure all managers and supervisors are trained on your safety culture and know the process for reporting unsafe work activities
- Develop an internal safety committee
- Always strive for continued and marked improvement
- Make workplace safety topics part of your ongoing training program
How Do I Start Building a Safety Culture?
Your first step to promoting a safety culture is to contact Montoya & Associates today to discuss your property and casualty insurance needs. We can provide you with the road-map you need to get started and help you along the way, with a portfolio of hand-picked resources to share with your employees.
Get started today with this free guide to building a safety culture: