OSHA recently posted information that will help safety managers and others demonstrate the value - or "bottom line" - of safety and health to management.
Employers who invest in workplace safety and health can expect to reduce fatalities, injuries and illnesses, OSHA states. This will result in cost savings in a variety of areas, such as lower workers' compensation costs and medical expenses, avoiding OSHA penalties and reduced costs to train replacement employees and conduct accident investigations. In addition, employers often find that changes made to improve workplace safety and health can result in significant improvements to their organization's productivity and financial performance.
The "Safety and Health Topics" page offers case studies and e-tools that can help demonstrate the business case for safety and health.
LINK: www.osha.gov/dcsp/products/topics/businesscase/index.html