Your Company Culture Must Emphasize Safety If You Want to Keep Insurance Premiums Low
Increased claims for workplace injuries is a significant factor in the increase of worker's comp insurance premiums. You might think, "Well, I'll do more to prevent accidents. My injuries will drop, and I'll be able to maintain my current premium rate.” That strategy, while sound, is easier said than done.
If you want to lower the number of injuries at your business, the first thing you must do is integrate safety into your company culture. Safety must be part of your workflow, not merely a catch-all word for "being careful."
What keeps companies from improving their safety record?
The National Safety Council reports that companies with top safety records have integrated a safety mindset into all levels of their structure. Everybody from senior management on down focuses on safety as a top priority and vigorously works on improving and enforcing the program.
Companies with poor safety records might say they are concerned about safety, but they have little in their policies and procedures that support safety as necessary.
Here are the main reasons why companies have poor safety records:
Companies that have taken the following steps have successfully integrated safety into their company culture. They have seen success in lowering the rate of injuries and lost employee time.
Culture Insurance clients know they have a safety resource only a phone call away. We are a premier boutique insurance company serving the San Diego area. We offer a full suite of business insurance and risk management advice.
If you are looking to improve the safety at your workplace, we encourage you to contact us.