The safety of employees should be a top priority for any business, all the more for startups. After all, your workforce is the growth catalyst that has the potential to take the company to the next level. You can expect to achieve your growth targets easily with a happy workforce and their physical safety is one thing that can make a difference in this context. So having a safety program makes sense even if your company is just a few months old and has only a limited number of people on board. Here are some reasons why you must surely invest in one.
Legally required as a regulatory compliance
As a new entrepreneur, you need to know that every business has to follow some regulatory guidelines by the Occupational Safety and Health Administration (OSHA). Under these guidelines, all businesses have to enforce and maintain certain workplace safety standards, regardless of their size or type of work. You need not worry about compliance costing a fortune because these requirements may be as simple as displaying the required safety notices or maintaining training compliance. Remaining compliant not only makes your setup safer but also helps you avoid fines.
Fortifies your company culture
A startup’s success greatly depends on establishing an employee-focused culture right from your inception. When you go above and beyond with a proper workplace safety program in place, you end up bringing a positive culture while mitigating the risk of workplace accidents as well. The employees approach their work with safety in mind and are extra conscious while performing them. Further, they are quick to report potential hazards and visualize ways to improve safety in every way they can.
Prevents legal hassles
New ventures already run on limited funds and the last thing they want to do would be to spend them on legal hassles. Experts at Thomas Law Offices recommend that startups must make an extra effort to enhance workplace safety for preventing accidents and getting into litigation for dealing with employee injuries. Apart from compensation claims, worker injuries add to medical treatment costs and also translate into missed days at work. Rather than losing money this way, it would be better to have a responsible approach to worker security.
Boosts employee loyalty
An unseen yet immense benefit that new companies can derive by investing in such a program is in the form of employee loyalty. Your employees see the initiative as an effort to ensure their well-being. Obviously, this will make the workforce more loyal towards the organization and reflect in their productivity and satisfaction. In the long run, there will be an increase in retention. Your company will be able to save the cost of employee turnover as they would want to stay with your business.
Implementing a workplace safety program in your startup is surely the best thing that you can do to steer it in the right direction. Having robust procedures, training, and expectations right from the start enables you to send to across the right message early. And the message does not stay within but travels outside as well, which adds an advantage in the form of reputation and credibility.