Safety and ROI
An infographic done by the National Safety Council caught our eye recently, as it is full of interesting stats on the cost of injuries and deaths in the workplace. One stat really caught our eye: $1 invested in injury prevention, which includes fall protection, returns between $2 and $6. And, given the graphic cites stats from 2014, we figure the return is even higher for each dollar spent on injury prevention.
A key word in that stat is prevention - being proactive in safety and equipping each workplace environment with the safety equipment needed to prevent falls and other accidents is always a smart decision. And, by being proactive and adding safety, you can increase your ROI even further.
Safe facilities often equate with happy employees. Knowing there is proper safety equipment in the facility to keep them safe can boost morale of employees, and help to keep them on the job for many years. Visible safety equipment can also help on recruiting employees, especially when they are touring the facility. Retaining employees can be a big cost savings to Human Resources, which provides a lift to the ROI of the equipment.
To maximize the return on your investment, it’s important that you choose the right safety equipment for the application. OSHA mandates that all elevated work platforms of 48 inches or more be protected, and ANSI recommends that height moves down to 36 inches. Dual-gate systems are specified in ANSI standards, and there are many models to choose from; ensuring you have the right design for your specific application will help to increase the ROI of your investment. We’ve created a quick guide to help select the right model, and are always available to discuss specific needs.
Safety equipment like our dual-gate safety systems can also help make other processes more efficient - that can equate to added ROI for each safety gate. With technology, our safety gates can help customers integrate the operation of the safety gate to track products to each pallet drop area. Safety gate power stations can be wired into a facility’s system so the computers can record when the safety gates were operated. The operational cycles of the safety gate can determine what products have been delivered and processed, and identify areas to be replenished, as well as the time to complete each task.
There is no doubt that fall protection and safety equipment can add to your company’s bottom line. If you have questions about the right model or how to integrate your existing safety gates with your operational software, we can help.