Each year, Americans spend millions of dollars on home security products to better protect themselves, their loved ones and their personal assets. These investments offer improved safety, as well as peace of mind. However, although we spend a majority of our waking hours working in an office, retail store, restaurant, or other business environment, business owners often fail to provide the same level of security and protection for employees. In today's blog post, we look at the importance of making employees feel safe at work, and why a few simple investments in employee safety can offer big dividends for business owners.

Ways To Make Employees Safer

To start, businesses must first look at their vulnerabilities and areas in which employees might need improved safety. For example, many businesses do not secure doors with keycard or keypad access, so anyone could enter the business and threaten employee safety. Adding keycard or keypad access is one significant way to make employees safer. For companies that must keep doors unlocked during business hours, they can invest in having security guards, security cameras, and video monitoring systems around the inside and outside of the building, especially in vulnerable areas like parking lots and garages. This is especially important for companies handling cash or financial transactions, high value merchandise, or valuable raw materials, or those located in areas with higher crime rates. 

Higher Employee Retention Rates

When employees feel safe in their work environment, they are much more likely to remain at their job rather than search for a new position elsewhere. They tend to be happier, and remain committed to the company's growth and success. As a result, companies can experience higher rates of productivity because a larger percentage of their staff is experienced, with established customer or vendor connections that can be difficult to replace or replicate.

Reduces Costs

A side benefit to higher employee retention rates is that businesses that invest in protecting their employees in the workplace also see reduced costs for hiring and training new employees. Businesses that suffer high employee turnover because of workplace safety concerns must frequently recruit, hire, and train new employees. All of these steps involve extra costs for the employer, and they also lose productivity as they spend time training new employees on job processes and company procedures.

Protects Business Assets

Another added benefit to increasing security measures for greater workplace safety is that business properties and assets are better protected from theft and vandals. Criminals are more likely to be deterred when they see a video camera or security system in place, or if they know they must spend more time trying to access a secured building or locked office area. Security systems and video cameras can also capture footage of building damages caused by other issues such as fire, floods, or wind storms, which can help expedite commercial insurance claims.

Aegis Insurance & Financial is committed to helping businesses protect what matters most to them. Employees are a key part of any business, and Aegis offers commercial insurance that helps protect both employees and employers. Contact Aegis today at 713-850-7622 about our full range of outstanding commercial insurance policies, including Commercial Property, Business Owners Policy, Commercial Auto, Workers Compensation, General Liability, and Excess Liability coverage.