Question

How much does safety training cost? How much does a company usually spend on safety training program (per employee)? How does safety training help increase return on investment?

Answer 1

Safety training aims to provide employees with skills and understanding of how to perform their work safely for themselves as well as for co-workers and an organization. Such type of organization encourages hazard reporting culture. With the help of this employer can alert the employees or workforce before the incident take place next time.   It also requires regular training courses for the course effectiveness. Safety training helps increase in return on investment by following ways-

1. Reduces insurance plan premium cost
2. Higher employee satisfaction
3. Less loss which happen due to workforce illness or injury
4. Reduce worker compensation for medical
5. Protection from liability cases by employees or workers
6. Future prevention from unwanted incidents
7. Maximize awareness and alertness among workers

According to the internet OSHA (occupational safety and health administration) courses cost are as follows-

It is a US government agency for ensuring safety at work place and maintain healthy working environment to the workers.

Courses name	Credit hours	Price per person
OSHA construction industry outreach	10 hours	$ 89
OSHA general industry outreach	10 hours	$89
OSHA construction industry outreach	30 hours	$189
OSHA general industry outreach	30 hours	$189

According to the article “What do employers spend to protect the health and safety of workers”.

In 2017, the average estimated occupational health and safety expenditure per worker per year among 334 employers in Ontario was $1303. 22% goes to staff training in health and safety.

Generally many small or medium scale companies are not spent on safety training to workers.

Reference-

Official website of OSHA

Article- “What do employers spend to protect the health and safety of workers”, by IWH president and senior scientist Dr. Cameron Mustard, with the assistance of Christa Orchard; published on September 2018 on “Institute for Work & Health”