The construction industry is one of the biggest industries in the world. It contributes to almost 10% of the global GDP. Construction work is divide into various segments like residential, commercial, etc., majorly concerning building infrastructure. Construction site work involves heavy pieces of equipment and machinery. The handling of such heavy equipment creates a tremendous risk on site. Construction involves many services that go hand in hand that come with numerous risks at every work stage. A single mistake could lead to the loss of many lives and cause fatal injuries for a lifetime.
Safety precautions are often viewed as unnecessary cost additions to the work. And this creates a perspective of cutting on safety works wherever possible. So let us understand how not ensuring proper safety measures can lead to more losses than gains.
Accidents not only lead to loss of resources but also create losses in terms of finances. The expenditures made to recover these accidents are way more than the safety costs. It also adds up to the business costs, which eat away all the profits made. Sometimes it can also lead to extreme financial loss and increased premium costs for the contractor.
Construction hazards do not only take a toll on the project but also on the workers. Injured workers result in less production and a lack of efficiency. Lack of workers means lack of efficiency. Damaged materials and pieces of equipment require repairs or replacements that are again not very economical.
Delays, Damages, and Wages
The damages caused on-site to the workers, the equipment, etc., can be hard on both the pocket and the deadlines. The company is often obliged to pay for an injured worker’s wages while they are booked-off work recuperating. This results to become an added cost to the project. Delays that occur due to these hazards result in the client imposing monetary penalties on the contractor.
Investigations and Legal Troubles
Investigation teams are set up to look after such accidents and cases. Such investigations can lead to monetary penalties on the people in charge of the job. Also, people can be charged under legal actions for such irresponsible behavior and lack of safety measures. These court cases become another financial burden to the project.
Traumas and Loss of Lives
Several accidents are so severe that they often scar a person for life. These traumas can last a lifetime, and their lives might not remain the same. Accidents are life-changing and occur when you least expect them. Loss of a body part leading to traumatic disabilities is the worse that can happen. Even a single death can lead to a lot of legal troubles along with the grief it brings along for the family.
Safety should is not only about following rules. Good safety measures come from understanding amongst one another in the team. Along with this a proper training for everyone becomes extremely crucial so that they are skilled enough. The construction sites have many hazardous materials also on-site. Direct exposure to such materials can be very dangerous as well. A trained and skilled workforce ensures high safety standards.
Good safety is a result of a team effort, a product of everyone looking out for everyone else. It is essential that everyone on-site obey the highest safety standards. Good safety practices never cost extra, but poor safety practices will cost your construction project much more.
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