Workers’ compensation is one of those things most business owners don’t think about—until they have to. If an employee gets hurt on the job, it can create a range of challenges, including financial strain and potential legal complications. So, what is the good news? A strong safety plan can help prevent injuries, keep costs down, and create a healthier work environment.

Why Safety Matters More Than You Think

Colorado businesses are required to carry workers’ compensation insurance, no matter how many employees they have. If someone gets injured while working, your insurance covers medical bills, lost wages, and rehabilitation. Sounds simple, right?

The reality is that workplace injuries can significantly impact your business. They can lead to:

• Increased workers’ comp premiums
• Loss of productivity
• Time off work
• OSHA fines if safety violations are found
• Impact team morale

By focusing on injury prevention, you can avoid these costly setbacks while creating a culture where employees feel safe and valued.

How Can You Build a Strong Safety Plan?

A well-thought-out safety plan isn’t just about meeting regulations. It is about actively reducing risks. Here are a few steps to get started:

Identify Workplace Hazards

Every business is different, so take a close look at the risks in your specific industry. According to Pinnacol Assurance, same-level falls were among Colorado’s most common workplace injuries in 2023. These incidents often result from tripping over clutter or uneven surfaces, leading to serious injuries. Prevention is key to these types of injuries. Pinnacol recommends maintaining clear walkways and keeping floors dry, especially during inclement weather.  

• Office settings? Watch for ergonomic issues and trip hazards.
• Construction or fieldwork? Make sure proper protective gear is used and employees are trained on equipment, correct lifting techniques, and how to stay safe in inclement weather
• Restaurants? Slips, burns, and lifting injuries are common.

Train Employees Regularly

Safety training isn’t just a one-and-done deal. Regular refreshers help reinforce the best practices and keep everyone alert to potential dangers. Your carrier may have resources and guidelines to help your business develop training programs.

Encourage Reporting and Open Communication

A workplace culture where employees feel comfortable reporting hazards without fear of retaliation is crucial. The faster you address an issue, the less likely it is to turn into an injury. As Pinnacol Assurance’s Senior Safety Consultant, Tammy Minter, emphasizes, “My #1 safety tip is communication! Employers must listen to the employees about the work they do and how they work each day successfully without injury.” She adds that by understanding daily operations and potential hazards through open dialogue, employers can implement effective safety measures and foster a culture of safety.

Keep Safety Policies Up to Date

Make sure your policies reflect current regulations, technology, and industry best practices. If you have a designated safety officer or HR manager, they should regularly review and update procedures.

How Does All This Work Save Your Business Money?

A  strong safety program isn’t just about protecting your employees—it’s also a smart financial move. Here’s why:

• Fewer Claims = Lower Premiums – The fewer injuries you have, the fewer claims you file, which helps keep your workers’ comp insurance costs under control.
• Less Downtime – When employees stay safe and on the job, you avoid the disruptions and expenses of lost productivity, hiring temps, or training new staff.
• Possible Insurance Discounts – In Colorado, businesses with certified safety programs may qualify for lower workers’ comp insurance rates, putting more money back in your pocket.

Final Thoughts

Protect your business and your employees—schedule a free consultation with StaffScapes today to review your workers’ compensation program and see how we can help you reduce costs, prevent injuries, and create a safer workplace!