Page 426 - Xmo Strata - Bulletin Archive

Health, Safety & Environmental Bulletin No 179

S Martin – 25 February 2010

Good safety practice saves money

It is a fairly common belief that safety costs money, but HSE studies indicate that good safety practice
does make good commercial sense, so who do we believe?

It’s true that cutting corners may appear to be quicker or cheaper and certainly, many less well
educated buyers think that way because the price is cheap.

Accidents are expensive and can cause loss of earnings or delays in work completion. They can also
result, in the worst instance, in prison sentences or fines for individuals, employers, or the customer
(ignorance is no excuse).

We make no apologies for spending time engaging our employees in behavioural safety workshops
and it’s no accident that we have the most qualified people in the sign industry. It’s also no accident
that our XmoMan data management system can demonstrate improvements in efficiency.

The link below gives much more detail about the true cost of poor safety practice, but of more interest
to you, as employees of Xmo Strata, is the letter below.

This is from our corporate insurance brokers who have recognised our efforts and negotiated a 12.5%
reduction in our premium this year as a direct result of your safety performance.

http://www.hse.gov.uk/costs/costs_overview/costs_overview.asp

Share Thoughts
About Risk

Risk management is a big step towards accident prevention; however, it is dependent on the risk firstly
being identified, then controlled. We need safety awareness to be instinctive and form an integral part
of both our working and home lives; it is this, in turn, that may save the lives of others. Remember: if
shared, risks can be mitigated before they pose a threat.

If you have any queries regarding the Safety Bulletin content or require further information please
contact any staff member of Xmo Strata Ltd