Companies That Care About Workers’ Health Boost Their Bottom Line

November 21, 2013- If a company has a good safety record, they’re likely to have good financial performance, too, according to a recent study published in the Journal of Occupational and Environmental Medicine.

Companies that encourage a healthy culture by focusing on the safety and well-being of their workforce yield greater value for their investors, the study concluded.

Researchers looked at companies that had received the Corporate Health Achievement Award (CHAA) from the American College of Occupational and Environmental Medicine (ACOEM). The CHAA recognizes the healthiest and safest companies in North America each year. The result: The CHAA award-winning companies outperformed the S&P 500 in all four investment scenarios that were tested.

When a company focuses on the health and safety of its workforce, several aspects are improved: healthcare costs, productivity and performance. These companies did not just happen to have healthy, safe workers. Instead, they built cultures of health and safety, which resulted in a competitive advantage in the marketplace.

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