In challenging economic times, companies are forced to look for ways to manage costs better, and insurance costs are a big part of that. If you are a manufacturing firm and don't have a documented safety recognition program in place, you should talk with your insurance company and see what impact a safety program can have on your rates.
Most of the companies with safety recognition programs do so at no additional cost to the company. That is to say, the cost of the program is more than covered by the insurance rate savings. Obviously this will vary from company to company, but it is worth looking into.
For more information on safety recognition, look at Safe Worker Program Overview.
