Safety 2012: "Safety Pays"
From EHSToday.com by Sandy Smith, OSHA Administrator David Michaels says "Safety Pays".
"Safety saves lives, said Michaels, and also, “Safety pays. Safety does not just prevent injuries, it will save you money.”
Safety 2012: OSHA’s Continuing Mission
Bolstered by recent studies that indicate OSHA inspections, and
corporations’ subsequent emphasis on safety, actual save companies
money, OSHA Administrator David Michaels told a packed room at Safety
2012 in Denver that OSHA “levels the playing field” for responsible
employers who are investing in safety and must compete with companies
that are cutting costs by compromising worker safety.
While the rate of fatal workplace injuries continues to decrease, Michaels noted that:
- More than 4,000 Americans die from workplace injuries every year.
- Perhaps as many as 50,000 workers die from illnesses in which workplace exposures were a contributing factor.
- There are more than 3 million cases of non-fatal workplace injuries and illnesses annually.
- The annual cost of occupational injuries and illnesses totals more than $170 billion.
When employers ignore OSHA standards, workers often are injured or killed. As an example, Michaels cited an incident in Cincinnati in June 2002. An employer, cited for several safety violations, continued to operate as usual. The site of an excavation caved in, entombing a worker. Eight hours later, his body was removed from the trench.
Safety saves lives, said Michaels, and also, “Safety pays. Safety does not just prevent injuries, it will save you money.”
He cited the recent Harvard Business School study that revealed that in the state of California, companies that were the target of random OSHA inspections experienced a 9.4 percent reduction in injuries, a 26 percent reduction in injury costs and saved about $355,000 (14 percent of the average annual payroll of the sample of employers). Two additional studies, of employers in Pennsylvania and Washington, recently came to similar conclusions.
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