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
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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
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3
Q

Name some indirect costs associated with incidents

A
  • Replacement labour
  • Clean up
  • Damage to company image
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4
Q

What are some direct costs associated with incidents?

A
  • Loss of worker

* Fines

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5
Q

What are non direct costs?

A
  • Product Damage
  • Increased insurance premiums
  • Lost production time
  • Fines
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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

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