Can You Get a Financial ROI from Safety?

Safety And Risk Success

Is safety just a cost centre, or can it actually drive your bottom line?

Join Christian in this Safety Roundtable session as he discusses and explores the question: Can you get a financial return on investment from safety? Hear from safety professionals around the world as they share their insights, experiences, and strategies for demonstrating the tangible benefits of a strong safety culture.

Highlights:

- The overwhelming answer: While not every safety initiative guarantees an immediate ROI, the consensus is a resounding "yes!"

- Data is crucial: Demonstrating the cost of accidents and near misses helps make the case for investment.

- Beyond the obvious: Explore a range of tangible benefits beyond accident prevention, including improved employee morale, productivity, retention, reputation, and insurance premiums.

- Engage your frontline: Tap into the expertise of your workers to identify risks and develop solutions for a more effective and collaborative approach.

- Think long-term: Focus on building a safety culture that drives positive change for both your organisation and your employees.

Quotes:

"The number one reason for the improvement [in absenteeism rate], they believe, is because of health and safety improvements." – Mike

"If you don't link your performance and health and safety performance to numbers, you will lose important stakeholders, especially the finance team versus the leadership team." – Jones

Actions:

- Sign up for a future Safety Roundtable: https://safetyroundtable.co.uk/

- Connect with Christian on LinkedIn: https://www.linkedin.com/in/christian-harris-slip-safety/