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Workplace Safety is good business!

Workplace safety efforts make good business sense. Injuries affect your business both directly and indirectly resulting in costs such as medical expenses, increased workers' compensation premiums, worker replacement, new employee training, lower productivity, OSHA fines, damaged property or equipment, and the valuable time you spend investigating and correcting workplace hazards.

Let's look at one of the above examples. Workers' compensation premiums can increase by as much as 100k per year or more if claims are frequent or severe enough. Smaller increases often go unnoticed by employers but certainly add up, increasing the employers experience modification factor and premiums. Much like auto insurance, the more claims you have the higher your premiums will go. In fact, it only takes one injury to see a significant increase in premiums and even ruin a business financially. Additionally, it can take years or even decades to get the employers experience mod and premiums down to respectable levels.

Don't let injuries destroy your business. Develop and implement an effective company safety program and take control of your company's future.

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