Health and Safety Management Essay Example | Topics and Well Written Essays - 250 words - 1

Health and Safety Management - Essay Example There is a need to lessen accidents that occur in a work place, otherwise higher costs would entail both â€Å"increased insurance premiums and greater indirect costs† (OSHA, 2007). Through the Safety and Health Program, various companies report that it could save four to six dollars for every one dollar invested. According to the Occupational Safety and Health Administration (OSHA), annual Workers’ Compensation claim of an Atlanta company in the years 1994 to 1996 costs from $592,335 to $91,536, with a reduction of $500,000. On the other hand, Horizon Steel Erectors was able to reduce its accident costs per person per hour from $4.26 to $0.18 when it was able to implement a 100% fall protection program and supervisory accountability for safety (OSHA, 2007). These are only a few of the companies who have implemented a good working vision, mission and goals in Safety and Health Management. From emphasizing a â€Å"safety first† motto, companies should start workin g on a â€Å"safety production first† motto. And in order to obtain a holistic approach to safety culture, organizations must emphasize the elements of a safety and health system: management leadership and employee involvement, worksite analysis, safety and health training, and the hazard prevention and control (OSHA, 2007).