Insight
What’s the Downside of Poor Workplace Safety?
There are several potential downsides to having poor workplace safety:
- Injuries and fatalities: Poor workplace safety can lead to injuries and fatalities, which can have severe consequences for the affected employees and their families.
- Increased workers’ compensation costs: Poor workplace safety can lead to a higher number of workers’ compensation claims, which can result in higher premiums and other costs for the company.
- Decreased productivity: Injuries and accidents can disrupt workflows and result in lost time and productivity.
- Legal liabilities: Companies can face legal liabilities if they are found to be responsible for workplace injuries or fatalities.
- Damage to reputation: Poor workplace safety can damage a company’s reputation and lead to a loss of customers and business.
Overall, poor workplace safety can have serious and far-reaching consequences for companies and their employees. It is important for companies to prioritize safety in order to protect their employees and their business.
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