Moral Reasons 1.1 Flashcards
1
Q
Name 3 MORAL reasons for managing H&S
A
- Common Law Duty
- Socially expected to reduce accidents
- Not acceptable to put employees at risk
2
Q
Name 3 FINANCIAL reasons for managing H&S
A
- Increase in staff morale = better productivity
- Reduce costs associated with incidents
- Better company image
3
Q
Name some indirect costs associated with incidents
A
- Replacement labour
- Clean up
- Damage to company image
4
Q
What are some direct costs associated with incidents?
A
- Loss of worker
* Fines
5
Q
What are non direct costs?
A
- Product Damage
- Increased insurance premiums
- Lost production time
- Fines
6
Q
Key Learning Outcome
Discuss moral and financial reasons for managing H&S?
A
Moral
- Common Law Duty
- Socially expected to reduce accidents
- Not acceptable to put employees at risk
Financial
- Increase in staff morale = better productivity
- Reduce costs associated with incidents
- Better company image
Reducing Costs
Preventing direct and indirect costs