The Implications of the Accident to the Company

The Implications of the Accident to the Company

 Accidents are unplanned things that happen that can cause damage to property, environmental, and death. However, accidents can be avoided if all parties cooperate in complying with the regulations. Accidents often occur when the employer or the employee is not in accordance with regulations set by the Department of Occupational Safety & Health (DOSH).

The negative attitude of some employers to take chances in the preparation of provisions for the security may result in the higher losses when the accident occurred. Negligence of workers ignoring safety aspects of the job to be the major factor to an accident occurs, it is because each instrument or machine that is used requires operations by employee.

Upon the occurrence of an accident at work, the company will pay for medical costs or provide compensation to workers who are involved in the accident. However, it is known only to the cost of labor. For the management, each of  incidents that occur will result in significant losses to the company, starting from paying compensation to the employee followed the cessation of operations for a few days to give way for investigations of work accidents resulting in delayed and finally the company's reputation will be tarnished or risk facing prosecuted if convicted offense.

Occupational safety and health management is efficient not only reduce the risk to the safety and health but also ensures high returns for companies and increase productivity. Training and education are also key elements in managing safety and health at work. Employers must be willing to invest in job security, while employees must be willing to practice it.

The Company shall provide an annual budget for safety training to curb work-related accidents. It is clear that the most valuable asset in an organization are those who work in it and those who make it work. In Malaysia, awareness of occupational safety and health has increased from year to year. Many employers and employees know their roles and responsibilities in ensuring that workplace hazards are identified, assessed and controlled.