definition for: #SafetyPays

Denotes the ability to define the value (return on investment) of safety and compliance policies, programs and initiatives.

Denotes the ability to define the value (return on investment) of safety and compliance policies, programs and initiatives. This will be used to highlight safety and compliance programs, specifically but not exclusively in the transportation industry, that demonstrate proven return on investment or support the concept that safety is good business.

Investments in safety.. personnel, equipment, systems, policies and programs pay dividends in fewer accidents, injuries and resulting claims, insurance costs and premiums and result in a lower total cost of insurance which in turn makes the company better able to compete and more profitable.