Cutting The Cost Of Workplace Accidents

Accidents in the workplace can range from minor burns and cuts, to severe broken bones and even fatalities, but they all mean one thing to business owners… costs.  

The costs of stricter Health & Safety regulations, increased management time, new sentencing guidelines and higher fines can all add up to employers. 

However, there are some steps that businesses can take to help reduce accidents in the workplace – and in turn the costs to their business. 

Having a simple, easy to follow risk reduction plan in place can help to ease these headaches. 

 

Do Your Research 

 Find out what could potentially cause harm in the workplace. 

 

 

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Identify The Risk 

 With your research, identify who might be harmed or put at risk – this could be your employees, or any visitors or members of the public that come into contact with your workplace. 

 

 

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Prevention 

List what you could do to prevent anything happening to those at risk. 

 

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Follow Procedure 

In the event of an accident, act in a planned way and record what you have done efficiently. 

 

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Annual Risk Review  

Check if your actions put in place are still effective and working as they should with an annual risk review. 

 

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Communicate 

 Engage with employees and keep them informed about any updates or changes -encourage them to report all incidents, no matter how big or small to enable you to take the appropriate steps. 

 

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If you’re looking for advice on how your business insurance can cover accidents within the workplace and want to discuss how you can mitigate your risk then look no further than Omni Davis. Speak to one of our business insurance specialists today.

Your business is our business.

Tel: 01403 785775  Email: info@omnidavis.co.uk 

Contact our expert advisors today.

We would be delighted to discuss your insurance needs.

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