Safety Inspections Are Good for Profits

 It's just common sense that having less accidents and injuries means reductions in work comp insurance costs. Less accidents and injuries also translates to less absences and more productivity in your workplace. But beyond common sense (and KPA's 26 years of experience providing enviroment and safety sofware and services)  a new  study validates the importance of being proactive in preventing injuries and accidents.

 The study published in the journal  Science flowed 409 California work sites that were randomly inspected by California’s Division of Occupational Safety and Health from 1996-2006. It found that inspected firms saved an average of about $355,000 (an average of 9.4%) in injury claims and compensation for paid lost work over the following four years.

“These inspections ironically appear to be creating value for the firms that they are visiting in terms of reduced workers’ comp costs and frequency of injuries,’’ said Michael Toffel, a professor at Harvard Business School and co-author of the study.

Read more about the study's findings at  http://blog.kpaonline.com/

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