Fall Safety Equipment: 3 Ways To Achieve A Return On Investment

March 14, 2014, 3:59 pm | by Ray Nardo

Cost and Benefits of Fall Safety EquipmentWhile a comprehensive or strategic fall prevention or protection plan is certainly admirable, advantageous and the right long-term solution, it’s not always practical to implement all at once. The implementation of a complete solution is often a costly and time-consuming undertaking.

Do you have to implement a comprehensive solution all at once, or piecemeal the installation?

As the person responsible for safety in your facility, you know that the costs associated with a serious fall extend far beyond what appears in accounting books. The misfortune of an injury or fatality is the biggest cost of all.

Beyond the direct costs of an injury or fatality, the setbacks continue to pile up with the aftermath of a severe fall-related accident, as you must address:

  • The psychological stress of surviving employees
  • The abrupt loss of skilled workers unable to return to the job
  • The lost ability to attract skilled workers due to having a bad reputation where health and safety are concerned

The upfront costs of implementing a prevention and protection program for your facility should never hold you back from finding ways to keep your workers safe.

Fall prevention safety equipment saves your facility in the following three ways:

1. Fall Safety Equipment Reduces Or Eliminates The Risk Of Accidents

The direct costs associated with fall-related accidents come in many forms. All it takes is one serious accident, and the financial ramifications may be detrimental to your business. These costs include:Workers’ compensation claims

  • Insurance costs
  • Liabilities
  • Litigation
  • OSHA Fines

By implementing fall safety equipment into your facility, you are doing your part to keep your workers safe while greatly reducing or altogether eliminating the risk of costly accidents. This is an immediate return on your investment.

2. Fall Safety Equipment Increases Productivity

Without the proper fall prevention or protection equipment, your employees working from an elevated platform are going to perform tasks slower and with less confidence.</h2>In the case of an elevated platform, corralling platform edges with guardrails gives your employees a greater sense of security as the chance for falling has been greatly reduced.This application provides assurance so your workers’ worries fade and they are better able to focus on the job at hand, resulting in faster, more productive effort. Greater productivity and efficiency always equate to improved profitability.

3. Fall Safety Equipment Significantly Improves Worker Satisfaction

A happy worker is a hard worker. By showing employees you are willing to invest in their safety, you are showing them they are a valuable asset to your company, which improves morale and productivity. A happy worker is also a worker who’s going to stick with your company for the long-term. This means a reduction in employee turnover and the costs associated with hiring and training.

How To Start A Fall Prevention Program Today

By partnering with the right provider, you come up with a customized, strategic plan for the implementation of a comprehensive fall protection program over time. By accommodating a realistic timetable and installing systems piecemeal, your program gets going and the cost-savings are immediate.

Even when gradually established, the system allows your employees to work smarter and with greater security, speed and happiness – all factors that lead to increased productivity. Most of all, they work safely, which reduces risks or accidents and keeps you in compliance with OSHA’s rules and regulations.

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