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The Support of Management
Everyone in a position of authority—from the company owner to the job site supervisor—needs to put safety first and the project second. While most construction projects take place under tight deadlines, accidents are more likely to occur when workers are hurrying through their jobs, cutting safety corners along the way. The human and financial costs associated with the inevitable accident are significantly more expensive than the investment of time to follow protocol. Management must ensure that all workers understand this and perform their jobs accordingly.
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Mother Nature can throw one heck of a punch. And as residents on the East coast learned yet again with the winter storm Jonas, you don’t want to be on the receiving end of her wrath. Unfortunately, she seems to be striking out more often than ever, drenching parts of the U.S. in a series of extreme precipitation events that lead to flooding—the most common, and most costly, form of natural disaster according to FEMA. In fact, over the past several years, about 60 percent of all declared disasters involved flooding.
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You obviously don’t want your employees consuming alcohol or using mind-altering substances while they’re on the clock. However, have you ever considered what after hours binge drinking, alcoholism or abuse of prescription drugs might be doing to your company’s bottom line? The National Institute on Drug Abuse (NIDA) estimates the total costs of drug abuse and addiction are $524 billion a year. Illegal drug use alone accounts for $181 billion in healthcare, productivity loss, crime, incarceration and drug enforcement.
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Read more: Substance Abuse Could Be Costly for Your Business
A successful business and a competitive employee benefits package go hand in hand; you’ll rarely find one without the other. Not only do generous perks attract more job candidates to your company, they also help you minimize employee turnover, improve morale and increase productivity. But don’t stop at paid time off and a 401(k) plan. Consider these voluntary employee benefits you should add today.
Critical Illness/Cancer Insurance – Supplemental critical illness and cancer policies are becoming increasingly popular with American workers. A Hartford study found that Generation Y workers participate in these programs at a higher rate, so they may be a particularly attractive addition to your benefits package if you’re recruiting or employing younger workers.
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