Everyone
in the safety industry understands that deaths can occur on the job. They may not make the evening news, but about
13 people die every day from workplace accidents. Thanks to the untiring efforts of safety
professional these deaths are down 66% from 38 deaths per day in 1970. While we certainly don’t believe safety
awards were the reason for the drop in deaths, but when used as a way to change
behavior and in combination with all the
other safety tools it had an impact.
What
do companies spend on safety award initiatives?
From Incentive Magazine research on safety award programs we find some
interesting data:
% of Companies
Responding
|
Average Budget $
Per Worker
|
43%
|
$3 per month
|
20%
|
$5 per month
|
10%
|
$15 per month
|
12%
|
$30 per month
|
11%
|
$62 per month
|
5%
|
$85 per month
|
Considering
that recent research conducted by Liberty Mutual showed that for every $1
invested in a safety award program there was a corresponding savings of
$3. Other research on the same subject
show the ROI could be as high as $6 per $1 spent.
The
safety industry has made great strides and companies are more diligent about
education, measurement, training and feedback on safety. But the employees can often become the wild
card without a proper safety award system in place.
Is
$15 or $20 a month per worker in a system to reinforce safe work practices too
much to invest in making your overall safety effort a success, especially if the
average cost per WEEK in work related injury runs more than $35000!
Where
do you stand in the debate on safety awards?
Are you a hardliner that argues “I am not going to pay extra for
employees to follow the rules and be safe.
Or are you a pragmatist and may say “Nothing has a way of improving safety performance like a little reinforcement for performing all job responsibilities
in a safe manner."
For more information on AwardSafety
products or services or other white papers please contact us at awardsafetyinfo@cox.net
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