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Importance of Inspection... I-WPS Office
Importance of Inspection... I-WPS Office
Inspections should be an essential for any organization, regardless of their field of business.
The truth is, some managers are concerned about the organizational costs that revolve around
compliance, opting instead to risk going without a safety inspection in the hopes that nothing wrong will
happen.
Nevertheless, statistics show that inspections lower the risk of an accident or an injury by 23%, even
after three years. Random checks were shown to work equally as well, reducing the risk of injuries by 9%
and, even more striking, the reduction of costs of reported injuries by up to 26%.
There are several reasons why such regular inspections are right for an organization. For starters, failing
to comply with safety standards can attract a hefty fine. If something terrible happens, that fine could be
even higher.
Secondly, there is a matter of reputation. No company is looking forward to appearing on the news
when something wrong happens. It will attract unwanted publicity that will flag an organization for
some time.
The health and safety of your employees are also at play here. Even a minor accident such as a trip or a
fall can lead to a severe accident which can put that employee in the hospital. When such an accident
does occur within an organization, a company-wide drop in morale usually follows.
Last but not least is a case of lost revenue. This will take on different forms, depending on the exact
circumstances. Lost revenue after an accident or injury comes from reduced productivity as a result of
lowered employee morale.
Negative media attention can also cause a reduction in sales or terms of partnership opportunities.
Then, there is a matter of legal fees, fines, increased administrative costs related to the injury, damaged
property, machinery, or tools, as well as the cost associated with a new hire