Crane Operator Safety Helps Profits
There’s always pressure in the construction industry to get projects done on time and under budget. Some businesses might try to find ways to cut corners to maximize profit margins. The one area that you don’t want to skimp on is crane safety training. Hiring trained crane operators (full operator certification if they’re operating equipment with a maximum-rated capacity that exceeds 2,000 pounds) is wise. Recurrent safety training is essential. It can serve as a refresher or review for your trained crane operators to ensure that everyone is on the same page and that their knowledge is current. Too much safety knowledge is never going to be a problem.
It also ensures that other workers on the worksite or construction site understand what is required for the crane operators’ safety and their safety on the ground.
If you don’t provide crane safety training, you may end up having more costs:
- Accidents that result in injuries result in missed workdays
- Fatalities are devastating for the survivors and can result in missed workdays due to PTSD and other mental health concerns
- For places that have cranes for maintenance, like an amusement park, lost workdays can also result in lost revenue for the business
- Accidents often raise insurance costs and might even result in OSHA fines
- Injured workers or bereaved families may launch litigation
- Delayed projects or lost business days affect costs and profit
It’s helpful to think of crane safety training as an investment, not a cost.
The U.S. Department of Labor’s 2002 statistics calculated a tangible and significant return on investment for money spent on safety training: They said nearly 20 years ago that the ROI for every dollar spent on training offers businesses potential savings as high as 400%.
That’s because nobody plans for an accident. Education and establishing safety protocols are the best way to ensure that you don’t end up paying more for mishaps that could be prevented.
How well does your crane operator insurance coverage protect your business? Contact New Heights Insurance Solutions to review your current needs.