How do you define financial success? It’s natural to look at the end result, at the smashed sales targets and healthy profits. But industries are starting to wake up to the fact that good financial sense starts at the beginning, with the employees doing their jobs day in, day out. If the appropriate safeguards aren’t put in place to protect these workers it can have a very costly effect for employers.
Human and business costs of workplace injury
Those costs, both financial and human, can be huge. In 2016-17 609,000 people were injured whilst at work, while 137 workers were killed in the workplace. Whilst the scale of the human tragedy comes first and foremost, companies can be hit with the financial repercussions: hefty fines, increased insurance premiums and a slew of compensation claims and payouts. Then there is the lost productivity: the Health and Safety Executive (HSE) reports that from 2015-16 over 14.9 billion pounds was lost in the UK workplace through injury and illness.
Read the full report here: Health and safety at workSummary statistics for Great Britain 2016
Housing and health sectors face higher than average risk
Accidents and injuries (which are different to general sickness in the workplace) are more prevalent in some industries and lone workers are especially at risk. Every day in the Housing and Health sector employees are working in isolated and potentially unknown environments, whether that be visiting a property or dealing with a member of the public (acts of violence made up 7% of the most common non-fatal injuries in the HSE report). Safety is no longer thought of as an extra cost but a necessity. Not having the correct procedures in place to save some pennies could well come back to haunt an employer. Safeguarding the workplace makes economic sense in other ways: a reduced risk of accident and injury to your employees’ means reduced insurance payments. Adopting a concrete and effective safety process can end up effectively paying for itself.
So how to do that best? In the age where more people than ever work alone or remotely, it’s essential that employees still feel like they are being looked after and that they feel safe in their place of work. For employers it’s having the knowledge and peace of mind that your workforce (and your business) is protected at all times. It’s no longer just about having the right team around you – it’s having the right technology around you. In a time of 24/7 multi-locational working, technology has become the gateway to creating a safe, effective and supportive environment.
Worker monitoring systems make a difference to your bottom line
Investing in a good safety monitoring service – such as Safe Hub which monitors and locates workers in an emergency – has other benefits. Employees who feel looked after and valued by their employers are more likely to feel more engaged and productive. The passive, reactive approach to workplace safety is long gone; today’s modern lone workplace has become the forefront for proactive risk assessment, action and implementation. Once seen as something superfluous or genuinely misunderstood, employers are now recognising the importance of putting the correct safeguards in place. The new thinking is: don’t wait until it happens, make sure never happens. Safety and profit go hand in hand. Safeguarding your employees means safeguarding your economic success.
Contact Lone Worker Solutions and the Safe Hub team today
Post by George Stavrinidis
George is Chief Executive Officer of Lone Worker Solutions (LWS). He believes passionately that everyone should be protected and supported at work. George supports LWS clients to make sure they enjoy the most effective relationship with the team and maximise the effectiveness of their deployment of Safe Hub.
About Lone Worker Solutions
At Lone Worker Solutions, it’s our business to protect employees, managers and shareholders from the risks associated with working alone. This includes the potential hazards faced by staff who work by themselves, remotely, or out-of-sight or earshot of colleagues. When it comes to safety we don't believe in a ‘one-size-fits-all’ approach; instead, we tailor our solution to each organisation's exact needs.
About Safe Hub
Safe Hub is an award-winning package of emergency, buddy, proactive, reactive, broadcast and virtual barrier protection for lone workers. Safe Hub supports lone and remote workers on the widest possible array of BS8484:2016 Gold Certified devices including Android, Apple and Windows smartphones, BlackBerrys, standard mobiles, PCs, intrinsically safe devices, specialist personal safety devices and satellite phones.