Benefits Of A Safety Management System

If you implement a safety management system, your workplace will have fewer accidents and healthier employees. By taking a systematic approach to safety, you will lower your risk level and insurance costs, and you'll be compliant with regulatory standards.

Definition

A safety management system is a formal process to review the safety of your business, evaluate risks and make a plan to control them. Elements include training, communication, emergency response and measuring the effectiveness of the program.

Reduced Costs

Putting a safety management system into place saves money. Reducing liability and risk in the workplace lowers insurance claims and premiums. The system ensures regulatory compliance, so fines and other costs associated with noncompliance are reduced or eliminated.



Reduced Risks

A safer workplace is a result of identifying current and potential hazards, and eliminating or reducing the risk to an acceptable level.

Competitive Advantage

Demonstrating your commitment to the health and safety of your employees enhances your corporate image to customers. It increases stakeholder confidence by providing assurance that legal compliance is effectively managed.

Improved Operational Efficiency

Managing your workplace safety reduces accidents and downtime. The system provides employee involvement and training, motivating them to safely and efficiently perform their jobs.



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References

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