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Safety is a key business concept that’s defined by Merriam-Webster because the condition of being secure from undergoing or inflicting hurt, damage, or lossâ€. 21 Accidents cost companies billions of dollars annually. 22 Research have shown how company acceptance and implementation of comprehensive security and well being management techniques reduces incidents, insurance coverage prices and employees’ compensation claims. 23 New applied sciences, like wearable safety devices 24 and accessible online security coaching, proceed to be developed to encourage employers to spend money on safety beyond the ” canary in the coalmine ” and scale back the fee to businesses of protecting their staff.
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