Security is a key business concept that is defined by Merriam-Webster as the situation of being safe from undergoing or inflicting hurt, injury, or lossâ€. 21 Accidents cost companies billions of dollars yearly. 22 Studies have proven how company acceptance and implementation of complete safety and health administration methods reduces incidents, insurance prices and employees’ compensation claims. 23 New applied sciences, like wearable safety devices 24 and available online safety coaching, proceed to be developed to encourage employers to invest in safety past the ” canary in the coalmine ” and reduce the cost to companies of protecting their staff.
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