Three goals your health and safety budget must help you achieve to improve health and safety in your workplace
At the beginning of every year, you have to create budgets for your company. This includes a health and safety budget.
Health and safety measures are expensive. Because of that you need to manage how much money you put aside for them.
But this isn't all your budget must do. It must also help you achieve very specific goals so you can allocate the right money to the right areas.
So what kind of goals should your health and safety budget help you achieve?
Let me show you...
Your health and safety budget should help you achieve these three goals
Goal 1: Reduce workplace injuries such as:
· Back strain from non-ergonomic computer workstations;
· Cuts from mishandling tools; and
· Broken bones from slips, trips and falls.
The reason your health and safety budget
plays a role in helping you achieve this goal is because the measures you need to reduce these injuries cost money.
For example, ergonomic office chairs cost anything from R2 000 each. If you need 50 of these chairs, that's R100 000 just for chairs. Your budget will help you achieve a goal like this by prioritising your health and safety expenses.
Goal 2: Improve health and safety compliance
Complying with legal health and safety requirements costs money. You have to budget for admin costs such as:
Creating and maintaining a SHE file to document all your health and safety compliance.
Managing annual health and safety events such as risk assessment and audits. For everything you need to know about these events, check out the Risk Assessment Toolkit and Audit Smart Software.
Reviewing your health and safety programme. This costs you even more if you hire an outside inspector to assess your health and safety.
You can't achieve this goal if you don't carefully plan the money you need for it. This is where your budget is a key tool in your compliance.
Goal 3: Training your employees and increasing their health and safety knowledge
You need to budget for:
A training needs analysis using the current company information. This must be up-to-date so you know you're giving your employees the right training;
Manager and supervisor training; and
Non-supervisory health and safety training on their roles and responsibilities. (E.g. a health and safety representative's duties).
Training is always pricy when you go through an external training provider. Add this to the cost of doing toolbox talks
and refresher courses and you have a large expense to manage.
You must budget for all of these costs so you can afford them. You can reduce these costs though by training your employees yourself. You can find out how in the Health and Safety Training Manual.
Here's the thing: To achieve any of your company's health and safety goals, you need money. Your health and safety budget helps you achieve your goals by making sure you have the money for them.
If you're not sure how to create an effective health and safety budget, get your hands on the Health and Safety Budget
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