By addressing key workplace risk examples, including security or mental health risks, you’ll be addressing everyone’s obligation to create a safe work environment.
Have efficient safety systems in place and ensure everyone is aware of them, understands them, and adheres to them.
It’s not worth the financial risk
According to Safe Work Australia, the total economic cost of work-related injuries and illnesses is estimated to be around $61.8 billion dollars.
If you fail to implement workplace risk assessment and management practices into your daily operations you could be exposing your business to the occurrence of workplace incidents. This can have a negative impact on your business with heavy financial penalties for serious workplace health and safety (WHS) breaches.
Furthermore, workplace incidents or accidents can increase your workers compensation premium. You will also face loss of productivity and lowered employee morale, not to mention damage to your business’ reputation.
Accidents can also have social and financial impact on the individual and their loved ones.
No matter the size of your business or what sector you operate in, non-compliance in the area of WHS is certainly not worth the risks.
Implement an ongoing practice of identifying and controlling your business’ health and safety risks, reducing the potential for accidents, encouraging legislative compliance, and improving health and safety performance. This includes workplace risk assessment training on workplace security risk assessment, workplace stress risk assessment, and workplace violence risk assessment.
By having a proactive workplace risk management system, you are building a caring, socially responsible organisation.