Study: Safety inspections don’t hurt the bottom line
A new study suggests that random safety inspections by regulators help reduce injury claims without hurting profits. In a decade-long look at hundreds of California work sites, researchers found that inspected companies reduced their injury claims by 9.4% compared to those not inspected. Also, the same companies saved an average of 26% on workers' compensation costs in the four years following an inspection when compared with similar firms that were not randomly inspected.
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