Safety is a critical metric but not just for obvious reasons. Maintaining a safe work environment is about more than protecting your employees and means of production – it also has a direct connection to your bottom line.
Safety incidents have a notable burden on organizations – with work injuries costing $171B per year – and hinder business profitability. There’s one possible solution for that: employee recognition.
Employee recognition is also tied to business outcomes because recognition done right increases employee engagement. When employees are disengaged, there is 37% higher absenteeism, 49% more accidents, and 60% more errors and defects.
A more engaged workforce makes for a safer workplace. Let’s dig into how recognition can improve both safety and your bottom line.
Recommended for you