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Tag: insurance costs

The Economic Impact of Workplace Safety: A Financial Breakdown

The Economic Impact of Workplace Safety: A Financial Breakdown

Workplace safety is more than just a regulatory obligation; it is a pivotal factor that directly influences a company’s bottom line. The economic repercussions of workplace injuries and illnesses extend beyond immediate medical costs, encompassing lost productivity, legal expenses, and reputational damage. Conversely, investing in workplace safety can yield substantial