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Band of
principles
Our band of principles begins
with Safety. There is nothing
more precious to us than the
well-being of our employees and
visitors. Quality is embedded in
our professional and technical
performance on every project,
irrespective of size, to meet
and exceed the high standards
and realistic demands of our
clients. Sustainability is the
promise that Hatch plans for
the continuous development
of our employees, our teams of
specialists, our technologies and
our methodologies. Innovation
is the easiest of our principles
to discuss. For Hatch, new
concepts, designs, materials,
processes and disciplines are
instinctive, stimulating and
productive.
FROM THE EDITOR'S DESK
Improved safety programs
lead to improved productivity
Every dollar invested in
workplace safety can deliver as
much as $10 to a company's
income statement, says a study
funded by Liberty Mutual
Insurance.
A recent statistical study of
construction records showed
a strong association between
improved safety and improved
productivity.
Another company's records
agreed with that finding and
went on to say that by cutting
accidents in half, the company
could immediately reap a
12 percent improvement in
productivity.
Unknown is why a relationship
between productivity and
safety exists.
The speculation is that
companies that want
both improved safety and
productivity, simultaneously
create cultures in which the
employees see management
supporting safety while at the
same time demanding
improved productivity.
A meat processing company
analyzed 10 years of safety and
productivity records and found
that the company could point to
an internal rate of return of
30 percent.
It was clear too that large
construction companies could
claim better productivity and
safety programs for the simple
reason that they could afford
to implement comprehensive
safety training and supervision
programs.
Foster Wheeler examined the
safety and productivity records
of 19 major projects and 34
million work-hours on site
and concluded that the key
performance indicators of cost,
schedule, safety and productivity
are all "interdependent."
The School of Health Services
at Purdue University concluded
that the primary element that
reduced falls from elevations
on construction sites was the
commitment of senior managers
to promote safety as a priority.
The second important element
was training supervisors on how
to promote safety. Leadership
was found to be the key to
success in improving safety
results and productivity.
Contact us: hatchadvantage@hatch.ca
Send to us:
Hatch Corporate Office
Sheridan Science and
Technology Park
2800 Speakman Drive
Mississauaga, Ontario, Canada
L5K 2R7
Hatch Advantage July 2011 | 29