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Workplace injuries, according to studies, were responsible for the hospitalization or emergency medical treatment of over 40 million American workers. This is a staggering number when one considers the efforts most companies have put into maintaining a safe workplace. The past few years have seen a rise in the number of companies legally mandated to pay financial restitution to victims of workplace-related injuries. Workplace safety and profitability make strange bedfellows, but in business parlance they are bedfellows nonetheless.

Companies may strive these days to achieve synergy, but for those in industrial manufacturing, synergy manifests itself in Six Sigma effective products and processes. They are cognizant of the direct relation of profits to the actual procedures used in creating these products. That is why it is unfortunate on an economic standpoint and otherwise that so many companies are now neglecting workplace safety in the name of greater sales and profits.

One cannot help but be dumbfounded by the staggering costs of operating a sizeable manufacturing facility in America. The effect of workplace injuries is crippling in more ways than one — it also cripples the budget of a company and their productivity. By being detail-oriented and focused on preventative measures, a lot of these injuries can be precluded. It is, after all, possible to prevent many workplace injuries. The safety and spick-and-span condition of a workplace is probably the best possible way a company can prevent injuries from occurring, though the factors in avoiding injurious accidents are not limited to this. Workers are also culpable for their own safety at the end of the day.

For medical facilities and insurance companies, workplace injuries can be quite a burden to deal with. With companies paying more and more on employee health care premiums, one of the more prevalent ways of recouping costs hitherto spent would be to increase the prices of commodities and services. This places the burden of expense on the consumer, and allows companies to ignore the root cause of their workplace injuries. Veteran economists such as ourselves are ruing the current business paradigm wherein business organizations are more concerned about currying the favor of shareholders rather than remaining in favor with the rank and file by caring for their health and safety.

To be honest, it is very disturbing, though nonetheless interesting, that there are still quite a lot of jobs, in fact, more jobs than ever, not the least in the industrial sector that get sourced out overseas. To wit, there are several reasons why this is the case. One of the most significant reasons is that American companies are able to shave their operating costs down to a fraction of their domestic costs, by capitalizing on cheaper labor in foreign markets. Foreign governments, eager for investment, are all too willing to accommodate the interests of big western business. Far too often, this comes at the expense of workplace safety.

So that they could realize optimal profit in the long term, large American companies are behooved to descry their approach to workplace safety and ask themselves whether they truly prioritize their workers’ health and safety. Many companies are sending jobs overseas, in order to take advantage of cheap labor and relaxed labor laws. Yet it is possible for American companies to find synergy between profit and safety. By making a concerted effort towards targeted safety education and preventative measures, it is possible to reduce workplace injuries. If a company’s workers are safe, they will be happy, and if they are happy, they will reciprocate with good production.

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