The answer is yes. But how can we define financial success? It’s absolutely normal to look at the outcome, at our sales targets as well as healthy profits. However, industries are commencing to understand that good financial sense begins at the very start, with the workers performing correctly their jobs every day. If the correct measures are not in place to safeguard these employees it will generate a costly effect for businesses.
Business and human costs of workspace injury
Those losses, both human and financial, can be truly huge. In 2016 and 2017 more than half million workers were injured whilst at work, while over 130 employees were actually killed in their workspace. Obviously, human tragedies come first, but as a secondary effect businesses can be hit with harsh economical and financial consequences: substantial fines, higher insurance premiums and a number of payouts and compensation claims. There is also the lost productivity: the Health and Safety Executive reports that during 2015 and 2016 nearly 15 GBP billion were lost in the United Kingdom workspace through illness and injury.
You can read the report entirely by clicking on the following link: Health and safety at work - statistics for the United Kingdom 2016
Health and housing industries have a higher risk
Injuries as well as accidents (these are actually different from general illness in the workspace) are predominant in some sectors and lone workers are particularly at risk. Every day in the Health and Housing industry workers are working in potentially unknown environments, either visiting a house or dealing with a member of the public. Safety is not thought of as an extra cost anymore, but as a necessity. Not having the right procedures implemented to save some pounds can come back to haunt a business owner. Safeguarding your workspace makes sense from an economic point of view in other ways too: a lower risk of incidents or injuries to members of your staff means less insurance payments. Implementing a specific and efficient safety process will end up paying for itself.
So how can we do this? Nowadays more workers than ever work alone or even remotely, and thus it is vital that workers can feel that they are looked after.
For businesses it’s having the peace of mind that the staff is protected at all times. It is not about having the proper team around anymore – it is about having the proper technology around. In the age of 24/7 working, technology is the gateway to generating a safe, efficient and supportive environment.
Employee monitoring systems make a real difference
Investing in a great lone worker alarm has many other advantages. Workers who feel taken care of and valued by the company are much more likely to be productive and feel more engaged in general. Today’s lone workspace is the forefront for heuristic risk assessment, action, analysis and implementation. Businessmen are now understanding the significance of putting the right safeguards in place. The new thinking is the following: do not wait until something happens, instead ensure it never occurs.