{"id":1717,"date":"2017-01-02T12:00:03","date_gmt":"2017-01-02T12:00:03","guid":{"rendered":"http:\/\/www.eaglemat.com\/blog\/?p=1717"},"modified":"2017-01-04T18:44:38","modified_gmt":"2017-01-04T18:44:38","slug":"prioritizing-workplace-safety-profit","status":"publish","type":"post","link":"https:\/\/www.eaglemat.com\/blog\/prioritizing-workplace-safety-profit\/","title":{"rendered":"Why Prioritizing Workplace Safety Increases Profit"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignleft wp-image-1718\" src=\"http:\/\/www.eaglemat.com\/blog\/wp-content\/uploads\/2017\/01\/AdobeStock_83358698-300x200.jpeg\" alt=\"workplace safety increases profit\" width=\"398\" height=\"265\" srcset=\"https:\/\/www.eaglemat.com\/blog\/wp-content\/uploads\/2017\/01\/AdobeStock_83358698-300x200.jpeg 300w, https:\/\/www.eaglemat.com\/blog\/wp-content\/uploads\/2017\/01\/AdobeStock_83358698-768x512.jpeg 768w, https:\/\/www.eaglemat.com\/blog\/wp-content\/uploads\/2017\/01\/AdobeStock_83358698-1024x682.jpeg 1024w, https:\/\/www.eaglemat.com\/blog\/wp-content\/uploads\/2017\/01\/AdobeStock_83358698.jpeg 1280w\" sizes=\"(max-width: 398px) 100vw, 398px\" \/>Every business has a bottom line goal, but the strategy to reach mass profit differs. However, one tactic can benefit all companies\u2019 profitability and sales\u00a0\u2013 workplace safety. Right now, you may be abiding by workplace safety standards to avoid penalties from the Occupational Safety and Health Administration (OSHA), thus maintaining profit\u00a0by eliminating such unplanned fees. But, going beyond\u00a0the bare minimum to foster a healthy work environment increases\u00a0productivity, boosting credibility and preventing accident expenses. These three tactics are essential to meeting bottom line goals.<\/p>\n<p>Consider the following examples of how\u00a0workplace safety initiatives\u00a0increase productivity and profit:<\/p>\n<h2>Eliminate Accidents and Liabilities<\/h2>\n<p>Unfortunately, OSHA regulations don\u2019t eliminate all accident vulnerabilities. Even the most compliant corporation can suffer a devastating incident. Per the 2016 Liberty Mutual Workplace Safety Index, nonfatal, disabling workplace injuries cost American businesses $62 billion in workers\u2019 compensation costs annually.\u00b9\u00a0Slip and fall accidents are the second most common cause of disabling injuries at 16.4 percent of the overall national burden, with compensation costing $10.17 billion. Slipping and tripping without falls comprise 3.8 percent of the total burden, or $2.35 billion. Keep in mind, these steep figures only account for direct <a href=\"http:\/\/www.eaglemat.com\/blog\/typical-costs-of-workplace-accidents\/\" target=\"_blank\">costs of workplace accidents<\/a>. Indirect costs, including training and compensating replacement workers, repairing damaged property, undergoing investigations, lost productivity, administrative expenses, low employee morale, increased time off work and diminished brand reputation can be 20 times as high, according to the <a href=\"http:\/\/www.asse.org\/professionalaffairs\/indirect-costs\/\" target=\"_blank\">American Society of Safety Engineers<\/a>.<strong>\u00a0<\/strong><\/p>\n<h2>Boost Internal Rapport and Public Reputation<\/h2>\n<p>Core value lists, placed clearly on company websites and social media pages, help build trustworthiness between business leaders, employees and consumers. As a small business owner, your personal responsibility goes beyond list making \u2013 you must ensure company morals and standards, including safety, are recognized and maintained from the ground up. Retaining principles within your organization lifts employee morale and contributes to solid productivity, increasing net income while minimizing turnover rates.<\/p>\n<p>In addition, positive company culture driven by leadership morals attracts fresh talent who can help your business skyrocket. Today\u2019s workers seek purpose at work, sometimes prioritized over pay, benefits or diversity. In a recent study published by IBM Institute for Business Values, 25 percent of Millennial respondents (majority) said their no. 1 career goal is to make a positive impact at their organization.\u00b2\u00a0Today, young job hunters use services like <a href=\"http:\/\/www.glassdoor.com\/\" target=\"_blank\">Glassdoor.com<\/a> to read reviews and first-hand feedback from past and current employees. No matter how strong your core values look, the public can easily find out if management fails to practice what they preach.<\/p>\n<p>&nbsp;<\/p>\n<h2>Workplace Safety\u00a0and Floor Mats<\/h2>\n<p>Eagle Mat and Floor Products helps small businesses enhance their workplace safety standards to build\u00a0a more profitable and trustworthy organization. Our durable, commercial <a href=\"http:\/\/www.eaglemat.com\/\" target=\"_blank\">floor mats<\/a> provide better traction and moisture-absorbent technology to remove preventable slip-and-fall hazards throughout the workplace. Our customer support team is available to consult and assist your safety floor mat decisions. Reach out to us at 877-333-1018 to speak with a representative today.<\/p>\n<p>&nbsp;<\/p>\n<p>\u00b9\u00a0<a href=\"https:\/\/www.libertymutualgroup.com\/about-liberty-mutual-site\/research-institute-site\/Documents\/2016WSI.pdf\" target=\"_blank\">https:\/\/www.libertymutualgroup.com\/about-liberty-mutual-site\/research-institute-site\/Documents\/2016WSI.pdf<\/a><\/p>\n<p>\u00b2\u00a0<a href=\"http:\/\/www-935.ibm.com\/services\/us\/gbs\/thoughtleadership\/millennialworkplace\/\" target=\"_blank\">http:\/\/www-935.ibm.com\/services\/us\/gbs\/thoughtleadership\/millennialworkplace\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<a href=\"https:\/\/www.eaglemat.com\/blog\/prioritizing-workplace-safety-profit\/\"><img width=\"150\" height=\"150\" src=\"https:\/\/www.eaglemat.com\/blog\/wp-content\/plugins\/thumbnail-for-excerpts\/tfe_no_thumb.png\" class=\"alignleft wp-post-image tfe\" alt=\"\" title=\"\" \/><\/a><p>Every business has a bottom line goal, but the strategy to reach mass profit differs. However, one tactic can benefit all companies\u2019 profitability and sales\u00a0\u2013 workplace safety. Right now, you may be abiding by workplace safety standards to avoid penalties from the Occupational Safety and Health Administration (OSHA), thus maintaining profit\u00a0by eliminating such unplanned fees. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[465,298,516],"tags":[933,104,510,932,245,37,480,278],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Prioritizing Workplace Safety Increases Profit | Eagle Mat Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.eaglemat.com\/blog\/prioritizing-workplace-safety-profit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Prioritizing Workplace Safety Increases Profit | Eagle Mat Blog\" \/>\n<meta property=\"og:description\" content=\"Every business has a bottom line goal, but the strategy to reach mass profit differs. However, one tactic can benefit all companies\u2019 profitability and sales\u00a0\u2013 workplace safety. Right now, you may be abiding by workplace safety standards to avoid penalties from the Occupational Safety and Health Administration (OSHA), thus maintaining profit\u00a0by eliminating such unplanned fees. 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