Benefits of OSHA
OSHA stands for Occupational Safety and Health Administration and it is the federal agency responsible for ensuring safety in places of work. This is done through supervising necessary implementations and also enforcing rules. OSHA also takes part in educational and training workshops for corporations and small business in order to encourage an important culture of both health and safety.
1. Monetary benefits
Even though OSHA directives and guidelines are designed with better health and safety supervision in mind, obedience ultimately benefits the business. Abiding by OSHA directives makes economic sense since it has significant and direct effect on your business. The total cost of preventing accidents is very low as compared to the price of dealing with the accidents themselves. Businesses with standardized safety programs already in place are also going to benefit from reduced employee illnesses and injury, reduced product loses and equipment damage as well as reduced compensation costs.
2. Reduces cases of accidents
OSHA provides free assistance to businesses in allowing them to pinpoint any hazards present in the places of work and thus improve the health and safety management practices. Firms that operate in high-risk industries are usually prioritized and therefore actively engaged in dialogue aimed at increasing workplace safety. OSHA also runs consultation programs in each state to provide businesses the vital knowledge of identifying and eliminating hazards. This prevents cases of work related injuries or even death.
3. Benefits managers
All the managers who are associated with a firm’s advancement towards OSHA compliance usually have a better understanding of workplace hazards and their implications. This essential realization allows these managers to abide by all local and federal health and safety requirements. Since the workplace is safer, workers will be able to work even better and this means higher productivity.
The major demerit of OSHA is that it can be very time consuming, especially when it comes to training workshops.