Accounting & Finance
How Construction Safety Can Help You Cut Costs
There is continues to be strong demand in the real estate market. More houses are being constructed to accommodate the middle-aged housing needs and the millennial demographics.
New home constructions are a gold mine for property developers and contractors. But despite innovations in home engineering and design, accidents can still happen at any given moment. For this reason, construction managers undergo safety courses through institutions like the IOSH to help keep construction sites incident-free.
Knowing how site workers’ safety and security can cut costs and avoid construction delays is key to ensuring all workers are trained in site safety and use the appropriate PPE as and when required.
Here’s a list of why you need to invest in keeping your site safe for workers.
Avoiding loss of life
Let’s start off our list with the most apparent reason to prioritize health and safety. Injuries are a given factor, and workers are vulnerable to any scenario such as a collapsing scaffold or an on-site fire. Injuries resulting from these situations are potentially disabling. It is challenging to work your way around them if indeed there were lapses on your side. If a worker is disabled or — if worse comes to worst — loses his life.
Hard hats, fall protection solutions and harnesses all function to protect workers as they execute hazardous tasks. By investing in high-quality construction safety essentials, you can prevent accidents from happening and protect yourself from consequences you could otherwise avoid.
Complying with local and national standards
If you are developing a property in cities like Edinburgh or Inverness, you should learn about local regulations and guidelines.
Sure enough, much of these regulations are devoted towards maintaining a safe workplace for everybody on the site, most especially your workers and machine operators. Safety compliance is essential to getting a building warrant from a local council.
Without proper safety measures in place and a certified safety specialist to oversee your site operations, you will risk having your application rejected by the local council. This would mean engaging in a lengthy and costly adjustment in your site plans.
Support future property investments
Having an effective safety system means acquiring a standard of practice that could be applied to future construction endeavors. This will help you define action plans for contingencies and better equip your staff to understand new and innovative ways to advocate safety in the workplace.
So, if you plan on developing future properties, you will be better at anticipating possible scenarios that could cost you a lot in terms of manpower and resources.
Improving your reputation
Homebuilders and property developers alike have always been a target for complaints, and often, this is due to poor management and practice of site safety principles.
Protecting your workers is always vital since your reputation will quickly erode if it turns out there were lapses in site safety that you may or may not be aware of. A worker rushed to the hospital due to a supposedly avoidable accident can significantly taint your brand, making it harder for you to seek out more opportunities in the future.