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Return on Investment in Safety

Advocacy

American Society of Safety Professionals works to ensure that business leaders and decision-makers understand that safety makes good financial sense.

Why Safety Is Good Business

Sound safety practices are both socially responsible and good business. Research and industry experience suggest organizations that invest in occupational safety and health experience a return on investment (ROI). Returns stem from:

  • Positive public image: Employers want their employees, customers and the public to view them as safety minded, health conscious and sustainable.
  • Compliance with regulations, laws and standards: Non-compliance can be disastrous and cost an organization financially and in public perception.
  • Cost savings: Occupational safety and health (OSH) programs can reduce costly worker injuries and incidents — allowing companies to reduce expenses related to medical care, paid time off, litigation and disaster mitigation.
  • Increased operational efficiency: An organization-wide focus on safety leads to higher worker productivity, which drives short-term revenue growth and supports long-term sustainability.
  • Improved employee satisfaction: Recruiting and retaining top talent is easier for organizations that provide safe and comfortable workplaces, care for employee well-being and protect the environment.

Buy the book: Measuring ROI in Environment, Health and Safety

Proactively Assess Risks to See ROI

Some business leaders perceive workplace safety as a compliance-driven or feel-good initiative that costs their organizations money. However, high-performing organizations see real returns when they continually identify, analyze and evaluate risks, evaluate existing controls and execute needed improvements — a formal process known as risk assessment.

That is why ASSP offers various courses and other resources devoted to helping safety professionals develop risk assessment capabilities so they can help their organizations recognize the business value of safety. For more than 100 years, we have provided industry-leading information and education, a community of peers, and access to resources and opportunities to help advance worker safety within organizations of all types around the world. Membership not only benefits you, but it also benefits your organization by connecting you to: 

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Need to Convince Your Organization?

The value of properly implemented OSH programs is real — as is the value of ASSP membership for safety professionals. Through our education and information offerings, networking opportunities and advocacy efforts, we set our members up for both personal and professional success. That’s why 50 percent of our members have their membership fees either reimbursed or paid for by their employer.

See why employers value ASSP membership

Want a return on safety investment?

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