According to the International Labor Organization (ILO), the economic cost of unregulated occupational health and safety practices is estimated to be close to 4% of the yearly global GDP which is around $3 trillion. Businesses around the world are paying a steep cost on workplace incidents and safety hazards.
To mitigate damages, organizations must ensure all personnel and equipment always work within the purview of prescribed guidelines. However, like everything else, the journey toward achieving complete workplace safety starts with awareness and education.
This white paper outlines:
- 40 terms every safety professional needs to know
- A snapshot of global regulatory bodies
- Challenges and solutions for compliance