Setting Up Your Safety Program
Many injuries can be prevented before they occur. Having a safety program helps you identify and eliminate workplace hazards that may cause accidents. The return-on-investment for such programs is well proven. Various studies have shown that for every dollar invested in injury prevention, businesses see a $2 to $6 return, according to Safety and Health magazine. This strong return may explain why many states, like California, require employers to have a written safety program. Moreover, putting standards and procedures on paper shows that your company is committed to providing a safe work environment for employees.
http://www.insperity.com/blog/3-proven-ways-to-reduce-your-workers-compensation-costs/