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Research Ties Workplace Safety to Bottom Line

Safe workplace environment

Investing in a safe workplace environment may help a company’s financial performance, a new study suggests. The study found that companies that minimize the risk of work accidents have healthier bottom lines.

The study was conducted by the employee healthcare company HealthNEXT and published in the Journal of Occupational and Environmental Medicine. The researchers concluded that investing in workplace safety correlates with higher company profits.

Companies that have been recognized for outstanding approaches to health and safety in the workplace actually outperformed the S&P 500, the researchers said.

They found that winners of the American College of Occupational Medicine’s Corporate Health Achievement Award had excess annual returns varying between 3.03% and 5.27%.

A healthier workplace keeps workers safe, reduces the number of lost days due to work injuries, and boosts worker morale. Ultimately it may also give a business a competitive advantage in the marketplace.

Michael Parsons is an Atlanta workers’ compensation lawyer representing injured workers in the metro Atlanta region and helping them recover the workers’ compensation benefits that they have earned.

Client Reviews
I would much rather have Bobby (my husband) here but I appreciate your help in getting me a fair settlement for his life. You did get it done. Linda Christian (death case)
I'm very pleased with the attention and services that I received from the Parsons Law Group. Michael Parsons not only is very experienced and knowledgeable with the laws, but he's also sympathetic and caring towards his clients… Avery Straughter
…I would strongly recommend Michael Parsons without hesitation. I would also like to thank Selena, his paralegal for being kind and patient she knows her stuff. It has been a pleasure working with you both! Johnnie Jenkins