Safety Equals Big Savings for Small Businesses | U.S. Dept. of Labor Blog:
Workplace fatalities and injuries are always tragic, but for a small business they can be completely catastrophic. For many small employers, if a life is lost on their job it also means losing their business. Injuries and illnesses also mean trained, reliable employees spend time away from work; businesses pay more in workers’ compensation costs and insurance premiums skyrocket.
The good news is that for every dollar an employer spends on safety and health programs, they can expect to see six back. Preventing injuries and illnesses in the workplace provides a huge return on investment. It doesn’t just save lives, it saves money! Luckily, the Occupational Safety and Health Administration has tools that can help.
