Construction contractors who take safety seriously and invest more in worker safety really do achieve better profitability than contractors who spend less on safety, according to the results of a recent US survey.
More than 250 contractors participated in the survey, which was conducted by Dodge Data & Analytics (in partnership with the Center for Construction Research and Training and United Rentals).
The study measured contractors on 33 leading indicators to determine their place on the spectrum of safety culture. Thirty-two percent of contractors scored on the high end of the spectrum, 35 percent scored in the moderate level and 33 percent scored on the low end.
The key finding were that contractors who scored higher on the safety culture spectrum reported greater business benefits from their safety investments than contractors who scored on the lower end of the spectrum.
- Improved project quality: 88 percent (upper end) versus 56 percent (lower end)
- Improved staff retention: 79 percent (upper end) versus 45 percent (lower end)
- Increased project return on investment: 75 percent (upper end) versus 38 percent (lower end)
- Greater ability to attract new staff: 67 percent (upper end) versus 27 percent (lower end)
In addition the researchers compared these results to those of a similar survey conducted in 2012 and found that more contractors are recognising the role of workers in increasing project safety. Jobsite worker involvement scored as the most widely recognised aspect of a world-class safety program: 85 percent, an increase of 19 percentage points from the 2012 survey. Involve your workers in the process of safety on site and they will deliver.
Mosaic Management Systems provides health and safety site management software that offers you an online and flexible solution to on boarding, competency management, access control, asset management, stock control, fatigue management and toolbox talks.