Top 5 Essential Ways to Save on Health & Safety in Your Workplace

Top 5 Essential Ways to Save on Health & Safety in Your Workplace

10th February 2020

Safety professionals have one of the biggest tasks when it comes to saving money. They have to find ways to economise without compromising on the wellbeing of the workers. Long-term solutions can be a great way of ensuring you’re not facing the same issues again sooner. If you’re a manager or safety officer in an organisation and are looking to save on health and safety, then you’re in the right place. Below are 5 best ways to point you in the right direction.  

1.    Be Open to New Ideas
We live in an era of tremendous technological eruptions and advancements, and the safety industry (both the construction and general industries) hasn’t been left behind. Today, there are new products introduced in the market and old ones are being made more user-friendly, lighter, and safer, which can be a good opportunity to streamline and save. You could be using the wrong product for the job, which can be both expensive and unsafe. You can consult a safety professional about the specifics of your facility and inquire if there are products that you could be using for safer and efficient operation - this is always less expensive.

2.    Evaluate the Longevity of Different Safety Options
Various factors could affect the longevity of your safety system, including the expected lifespan, potential job site damage, and materials used to make the product. You need to evaluate these factors to determine when you’ll need to repair/replace the system. Galvanised steel or aluminium walkways will last longer with potentially fewer repairs than non-galvanised ones. Most systems usually have tags stating the manufacturer’s lifespan from the date the equipment goes into service. The longer the lifespan, the fewer the times you’ll need to replace the unit. Some fall protection units also require extra attention, such as recertification every once or two years. You need to factor in longevity in every system to increase your significant savings in the long run. 

3.    Take Advantage of Quantity Discounts and Monthly Specials
Some manufacturers and suppliers offer discounts and/or free deliveries for purchases at certain levels. This can be a great deal that can allow you to save a significant amount. There are also offers and specials on some months that you can take advantage of. You can purchase in a larger quantity, for instance, purchasing your safety equipment along with other products to increase your chances of potentially saving money on discounts and other available specials. 

4.    Consider Alternative Purchasing Options
Enquire as to whether there are alternative ways to purchase the right safety system without compromising your cash flow, especially if you’re on a tight budget. For instance, if you need to purchase equipment but you can’t acquire it without compromising on other essential operations in the workplace, you can look for a supplier that can lease the same product to you for an agreed length of time. This will allow you to pay a small amount out of the budgeted amount and you’ll probably have a valuable write off over the time of lease. Leasing terms are usually better than those of bank loans, plus it has the potential to expand your financial resources. Sounds great, right?    

5.    Organise Your Safety Department
Accidents are among the most expensive hazards that can affect any organisation - lost time, medical expenses, fines, lawsuits, lost morale, and potential death. Eliminating and minimising hazards is vital and requires a very organised safety department. To achieve this, regular training, self-assessments, annual inspections, and toolbox meetings are key. This will establish an effective, efficient safety culture that can help you save both money and lives.