Why Invest in WHS?

Why Invest in WHS? 2018-01-31T14:16:43+00:00

Employee health is good for your business. Investing in workforce health can lead to healthier employees that:

  1. Are more productive
  2. Take less sick leave
  3. Have improved morale

There are sound economic reasons to invest in the health of your workforce.  Good health can improve your bottom line. Employee absence alone costs businesses about $8.6 billion per year. An unexpected employee absence can cost a business as much as $340 a day, while the annual cost to the Australian economy of lost productivity through absenteeism is a staggering $33 billion, with a total of 92 million working days being lost through unexpected absences. In Australia, the annual absenteeism rate is reportedly 9.5 days lost per full-time employee, equating to about 8% of total payroll of Australia businesses.

Research supports that workplace health promotion has positive effects on an organisation’s bottom-line and can generate a positive return on investment (ROI). Although measuring the ROI on a workplace health program is crucial, few Organisations (1%) rigorously analyse their ROI.

Organisations that invest in the health of their employees are known to have:

  1. Reduced absenteeism.
  2. Improved productivity
  3. Reduced short and long term disability costs
  4. Reduced health benefit premiums

http://betterhealthbetterbusiness.ca/pdf/Better_Health_Better_Business_A_Roadmap_to_Comprehensive Workplace_Health_Improvement.pdf

Benefits of Occupational Health Physiotherapy services / interventions:

Work health services and interventions add value to your bottom line and deliver a significant return on investment by:

  • Reducing musculoskeletal injuries and claims.
  • Early invention and triage of workplace injuries – first response within 24 hours providing immediate assessment, diagnosis and treatment of injuries
  • Reducing lost time injuries (LTI’s)
  • Reducing worker’s compensation claim and premium costs with claims open less frequently and for shorter periods.
  • Improving productivity by having more staff onsite and working at full capacity.
  • Improving productivity through reduced absenteeism and presenteeism.
  • Reducing work time loss due to trips for treatment with offsite health providers.
  • Reducing labour hire costs to induct and train new staff when others are injured.
  • Reducing staff turnover costs and better staff retention through improved job satisfaction and workplace culture.
  • Improving communication and relationships in the workplace.
  • Increasing your control over remain-at-work and return-to-work processes and outcomes
  • Increasing your control over costs associated with workplace injuries
  • Improving employee morale and workplace culture
  • Providing injury statistics that identify trends and areas of high risk or injury occurrence
  • Opening lines of communication between all key parties to keep you informed of how your employee’s injuries are progressing
  • Helping you to successfully manage ageing workforce issues.

 

On-site physio – can you afford not to have one?

 

Our proven systems and programs work!

Every industry and every business is unique in its work health and safety risks and challenges for injury management, so injury prevention and management requires a tailored approach. However, our vast experience in work health, across many industries, allows us to adapt our proven systems and programs for early intervention injury management and injury prevention to your business and your team. We work with you and your team to understand your business and develop and implement a comprehensive system for managing workplace health and safety risks and injuries. Our past experience includes implementation of an early intervention injury management model. This program delivered a 25% decrease in lost work time at one of South Australia’s largest employers, where advanced injury management systems and on-site health services had already existed for 20+ years.