The costs of an accident
Accidents are costly in many ways for all organisations. Beyond the tragic cost of injury, or even death, there are substantial financial penalties. In one instance a company was fined more than $100,000 (Aus) for an incident that involved a fatal injury to a worker, before even factoring in the cost of compensation and other litigation. The accident could well have been prevented if PAS had been in place.
Minimising the risk of accidents happening in the first place represents a direct financial benefit to any organisation.The direct costs of injury and damage to personnel and plant are just the start. Investigations of each incident are time consuming, production is impacted, insurance is affected, worker confidence is lost and employee productivity can drop.
In the real world, PAS has proven that it can help businesses achieve zero permit breaches.This translates into minimisation of accidents and injury, and optimisation of plant efficiency. |