The benefits of safety training include the prevention of injuries and illnesses, a profitable bottom line, and regulatory compliance. It's the law---the Occupational Safety and Health Administration (OSHA) requires a safe and healthy workplace for employees.

Lower Costs

Preventing accidents and illnesses means companies save money. Direct costs (health and liability insurance premiums and workers compensation payments) and indirect costs (training and paying replacement workers and repairing property damage) are lower in a safe workplace. One study estimated that a health and safety program saves $4 to $6 for every $1 invested, according to OSHA.gov.

Reduced Absenteeism

Minimizing risk keeps employees on the job, not absent due to an accident or illness.

Higher Productivity

Training employees to properly use and maintain tools and equipment leads to less downtime for fixes, and more return on the company's investment.

Regulatory Compliance

Violations of federal or state laws and regulations are avoided because training increases risk awareness, and teaches skills needed to maintain compliance.

Improved Morale

Trained employees know their right to a safe and healthy work environment. They accept responsibility for their own safety, and help protect the health and safety of their co-workers. By providing training and encouraging a culture of safety, management shows their commitment to the well-being of their employees.

Source:

OSHA Safety & Health Training Module

OSHA Cost Reduction Estimate