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Cost of Doing Nothing
As we begin a new year, this is the time most organizations are reviewing accident data, workers compensation claims costs, frequency and severity, plus other data that can point to areas of prevention and cost savings.
Musculoskeletal injuries remain the #1 problem year over year, yet many employers don’t take action to correct the underlying workplace root (or contributing) causes.
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This is a time of great opportunity to shore up your injury prevention programs to add value and a competitive advantage to your organization. With a small investment, we can help your organization reap a hefty ROI in lowered claims cost (occupational and non-occupational), less absenteeism and presenteeism, lower healthcare spend, increased productivity, improved morale, and higher employee retention.
It seems like a no-brainer business strategy, yet some organizations resist investing in musculoskeletal injury prevention out of fear, worry, failed prior half-hearted attempts, lack of having energy to make things better, or thinking that “doing nothing, costs nothing”. Resistance to invest in these programs may include:
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BUT… doing nothing means that nothing changes, nothing improves, injuries continue or increase, worker compensation costs increase, productivity drops, profit decreases, and employees quit.
Yikes.
It turns out that doing nothing not only gains nothing, but it can also cause harm to the organization.
Instead, embrace the notion that the only way to gain a competitive advantage is to improve! And what better time of year to promote health, well-being, and injury prevention programs?
Here are some good starting points for organizations to consider:
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While some companies are fearful of “opening Pandora’s Box”, you can’t improve what you can’t measure. Taking the steps to know the current state of every metric outlined above, combined with our Ergonomics Benchmarking Survey, will allow you to intelligently develop your goals with cross-functional teams and stakeholders. Then you can develop a corresponding improvement plan with strategies and tactics and budget, working with business partners to support you meeting your goals.
Using your metrics, you can tweak the plan every year to keep improving. Since most ergonomic solutions pay for themselves in less than a year, these can be easy wins right out of the gate that will result in you getting more budget.
And since these are most often categorized as “health and safety” programs integrating wellness can be another big boost for employee morale, absenteeism and productivity. At ErgoFit Consulting, we believe advocating for employee health and wellness goes a long way toward improving an organization’s bottom line and beyond. We take great pride in making organizations better!
Reach out to us to find out how we can assist you!
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