With money being stretched further than ever it's important to look at ways of saving costs. That doesn't mean it's possible to cut corners when it comes to adequate health and safety courses, but there are ways of seeing cost efficiency improve with careful thought, planning and management.
Employers have to provide information and training to their workers in order to ensure everyone is safe while at work, and training is necessary for all.
The Possible Costs Aren't Worth RiskingIf you are worried about the costs here are some of the ways that the training can prove to be extremely valuable and cost effective for you. Here are a few of the financial problems that are caused by neglecting the need for training and the law.
- Employees who have their welfare and health managed effectively don't have as many days of saving you the cost of absences, sick pay and temporary replacements.
- Accidents and injuries can lead to all sorts of expenses, especially if the company is found to be in breach of health and safety legislation. These costs can amount to thousands and include court costs, fines, fees from the Health and Safety Executive, and victim surcharges.
- Injuries and accidents can also lead to further costs including compensation, additional court costs, the cost of covering absences caused by injuries, retraining, adding new safety measures, equipment, protection and making changes to the workspace.
- Clients may learn about your lapse in safety and health and decide stop using your services. This can result in loss of revenue and damage control costs.
All of these costs add up and can cause companies to close, so training is important and a small outlay is far more affordable than any of the costs that have been listed above. What's more, it is possible to save money by offering training to more than one person at a time. If you have three employees that require educating you can request in-house tuition from expert tutors.