Benefits of Building a Safety Culture
We know safety pays in the construction field. While safer companies traditionally enjoy lower insurance premiums based on a lower Experience Modification Rate (EMR), there are additional, less apparent benefits of building a workplace safety culture.
The building of a safe, caring culture, with an added focus on employee training, promotes employee responsibility. Safe contractors have fewer negative experiences with OSHA and other regulatory agencies. And while a reduction in lost time cases translates to more time working and more money made, a culture that encourages employee safety, responsibility and training is also proven to promote better morale and productivity.
Even more, management companies and owners often look to the safest contractors, those with low EMR and incident rates, to work onsite for projects, which makes safe companies more attractive bidders. Similarly, a clean safety record, resulting from a robust safety culture, makes a company more marketable in a competitive work environment.…