The ROI of Safety

The only problem with investing in safety is that it can be difficult to calculate the amount of money ultimately saved in incidents, injuries, and fatalities that never occur. Research from the National Safety Council suggests that investments in safety yield a 200-600% return. From medical costs and insurance premiums to lost production time and declining morale, workplace incidents and fatalities can destroy your business’s bottom line. Use last year’s safety data to calculate how much money SafetyPlusWeb could have saved your organization. Don’t know last year’s results or just starting up as a new organization? Use the industry averages provided to see just how much poor safety performances are costing most companies.

“Various studies have shown $1 invested in injury prevention returns between $2 and $6.”
-National Safety Council

“A single fatal workplace injury costs nearly $3 million on average”
– Safety & Health Magazine

“The total cost of work injuries in 2018 was $170.8 billion.”

“Employers that implement effective safety and health management systems may expect to significantly reduce injuries and illnesses and reduce the costs associated with these injuries and illnesses, including workers’ compensation payments, medical expenses, and lost productivity.”

“The Average workplace injury in 2018 cost companies $41,000”
– National Safety Council

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Program Management

Safety Plus is headquartered on the Gulf Coast but we serve clients across the United States. In addition to providing safety software solutions to over 1,000 US Customers, Safety Plus offers a Safety Program Management package for customers who need more support. Program Management customers meet with a Safety Plus Certified Safety Professional (CSP) to complete an initial Hazard Analysis and Client Needs Assessment. Upon completion of the analysis and assessment, Safety Plus builds a customized safety program, configures the client’s SafetyPlusWeb platform, and installs metrics for ongoing oversight and continuous program improvement.

Certified Safety Professional (CSP) Hazard Analysis

  • Initial Program Design
  • Premium SafetyPlusWeb™ Access
  • Continuous Program Oversight