Little OSHA Mistakes Than Can Cost You Millions
Many workers resent hearing the acronym OSHA, but our infographic shows that you should be thanking OSHA for being around. The Occupational Safety and Health Administration was created to improve safety in the workplace, and reduce the amount of injuries and fatalities that occur each year. The rules and regulations they establish, as well as the pesky fines, may seem to be frustrating and take you one step back for every two steps forward, but they can help you grow your career or business. OSHA sets their guidelines to protect workers from ignorance when operating complex machinery, which can result in severe injury and deaths. Savings lives is their primary concern, but they also help to prevent having to fine business owners. You know all those annoying inspections? This infographic proves that each and every one of those are meant to make sure workers are safe, no one is endangering lives due to lack of equipment-specific training, and business owners don’t have to pay expensive fines.
So the next time an OSHA field inspector shows up, you should be smiling and grateful, and here’s why:
The Occupational Safety and Health Administration (OSHA) is commonly thought of as a red tape-laden, bureaucratic behemoth government organization that stunts job growth and reduces bottom-line profits. Yet the facts state otherwise. Take a look at the facts & stats below. Some will surprise you, others will shock you, but all point to a singular, indisputable fact: OSHA actually saves companies money in the long run.
Reduced Workers’ Compensation Costs
A 2012 study by the University of California and Harvard University concluded that workplace injury claims dropped nearly 10% for employers who had undergone an OSHA inspection.
The same study showed an average savings of 26% for total workers’ compensation costs for the same group of employers.
These statistics prove the old adage, “Safety pays in the long run.”
One study showed that for every $1 spent on safety programs, $5 is saved in accident avoidance and other related savings.
More Inspections = More Savings
According to some analysts, more frequent OSHA inspections would save the U.S. economy around $6 billion per year.
The general consensus is that more aggressive OSHA action would stop supervisors and workers from “cutting corners.”
Even with a widespread inspection schedule, OSHA can’t prevent all accidents from happening.
Each year, workplaces fatalities, injuries and illnesses add over $170 billion in costs.
What Kinds of Accidents Does OSHA Prevent?
Accidents are expensive – last year, $93 million was spent on carpentry-related falls – just one part of one industry’s accident expenses!
The 3 most common OSHA standards that are violated are:
- Construction fall protection
- General industry hazard communication
- Construction scaffolding
Something Money Doesn’t Measure – OSHA’s Life-Saving Benefit
OSHA legislation has helped reduce the numbers of daily on-the-job fatalities in America.
In 1970, the average daily death toll for American laborers was 38.
Today, that number has been reduced by almost two-thirds. In 2014, there were 14 worker fatalities per day.
As you can see, these statistics show that OSHA saves employers and companies in total operating costs. And it’s not just money; numerous lives are saved as well. Becoming OSHA compliant is a worthwhile goal for any employer AND employee.
ForkliftCertification.com can help you gain OSHA-approved training for pennies on the dollar. As our facts above illustrated, investing in safety is a smart idea. And the best thing about FLC is that you don’t need a ton of money to get your safety program started. Give our OSHA forklift safety experts a call at (888) 278-8896 for more information.
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