How to Set-Up Effective Safety Budget?

Financial planning is important for the success of the Safety Program in the workplace, there are 3 effective ways to set-up Safety Budget:

Five steps guide for planning efficient & effective safety budgets for your organization:

Elements to consider while creating a Budget:

1.                  Maintenance of Plant & Machinery so that they can be used without any risk to the operators.

2.      Provide adequate training to the supervisors monitoring the machinery work/process, transportation or material handling to avoid mistakes.

3.      Taking the right steps to remove any potential hazards that the employees/workforce may face, while working on machinery with tools & equipments within the plant. Providing them with Quality Products can be a good safety measure.

4.      Never compromise on the quality of the machinery, tools & equipment’s that are being used by employees/workforce only because of the cost involved in it. Compromising because of cost today might lead to an increase in unexpected cost for the company!