This is above and beyond the financial savings of reduced workplace injury. It is estimated by Safe Work Australia (SWA) that the average workplace injury costs around $99,100 – money must be borne by the employer, the injured worker and the community.
Given injuries are caused by what are often preventable injuries, cutting costs with cheaper or non-compliant PPE is not going to save money in the long run.
All PPE in Australia must adhere to Australian standards however there are many instances where worksite audits find non-compliant PPE.
Look for a company that has a solid history of NATA-accredited, independent compliance certification to Australian Standards as well as voluntarily auditing their products and manufacturing processes.
While cheap PPE brand may or may not save a few dollare, it could end up costing significantly more – potentially someone’s life, vision or future.
Further to that, poor safety standards on site – whether real or perceived – is likely to lead to employee frustration and reduced job satisfaction and productivity along with higher staff turnover.
Given that the cost of replacing a staff member is estimated to be somewhere between 50 and 200% of their annual salary, keeping them safe, and keeping them happy is a good strategy to keeping them.
Not only will a detailed safety program lead to increased worker productivity and retention but is also likely to enhance your company’s reputation which means you’ll find it easier to attract quality workers and win businesses and tenders where safety performance indicators such as Total Recordable Incident Rate (TRIR) are required.
These indicators also influence insurance premiums with further savings offered for good a good safety record and systems.
Actually the protection of workers’ livelihood alone should justify the best safety systems and PPE. Add the cost benefit and their implementation should be a no-brainer.