Is job security a motivator for your employees? Some business owners don’t seem to understand this. They believe that there is nothing in the laws or the rules of the employer’s association that would compel them to offer workers’ compensation benefits. While this may be true, it does not mean that there is absolutely nothing that could prompt an employer to offer some type of worker’s compensation benefit. Here are some of the most popular reasons why you should give your employees’ job security when they are injured on the job.
Employees who are injured in the workplace are less likely to sue their employers. This might make some business owners think that workers’ compensation benefits are a waste of money and not worth spending money on. However, when a person suffers an injury while at work, they usually cannot get time off from work and may even end up losing pay if they are unable to work for a specific amount of time. Employees are less likely to sue because they do not have the financial resources to pay for any lost wages or compensation.
How Does Job Security Affect Performance?
Not only can injuries at the workplace cause employee’s accident, but some other incidents can also occur that may be very serious. For example, one of the best reasons that companies provide their employees with proper health and safety training is because accidents can happen at any time and they are often caused by things that can be prevented through regular training.
Employees are generally much safer on the job because of all of the safety precautions that are put into place. If something were to happen and an employee was not trained properly, they could end up seriously injuring themselves. Since there is always the chance that they could fall off of their jobs, employees are able to avoid these situations if they are properly trained on how to use the equipment and if they have access to the correct safety equipment.
Job security is especially important when an employee has had an accident on the job. Most people who get hurt on the job are paid significantly less than those who do not. Those who are injured at work are generally less likely to sue because they do not have the medical expenses associated with an accident on the job that they are not properly compensated for.
How can Employers Motivate Employees?
When an employee is injured on the job, they often have to pay for all of their medical bills as well. While this may seem like a lot of money, it is important to consider that in today’s society, it is not uncommon for people to take care of their own health and medical needs. When an employee has the ability to pay for their own medical bills, they can be in a much better position financially and will be able to better handle the stress of the situation.
There is something to think about when you ask, “Does job security motivate employees?” The answer may be yes if you consider the amount of money that is saved by paying a lot less for medical bills and the fact that an employee is less likely to sue their employer because of an accident that they sustained while on the job. If you are in an organization where an employee is likely to get hurt on the job, providing them with job security is important because it allows them to recover quickly and continue working without having to spend any money to cover their medical expenses.
If you are considering this question, consider asking several questions to help you narrow down your list of answers. First, what is the type of business you have? Second, which of the above reasons will be most important to you? Finally, find out the cost and importance of providing a worker’s compensation program for employees.