Workplace Safety and Loss Prevention 3.3

What is the primary focus of the Recommended Practices for safety and health programs?

• Identifying and fixing hazards before they cause harm

• Addressing problems only after they occur

• Increasing financial hardship for workers

• Reducing employee productivity

In 2021, which sector registered the highest number of work-related fatalities?

• Transportation

• Construction

• Manufacturing

• Retail

What was the market size for compensation insurance related to workforce injuries and illnesses in 2021?

• $56.8 billion

• $46.8 billion

• $37 billion

• $100 billion

What are the three fronts on which loss prevention strategies are implemented?

• Processes and procedures, systems and technology, people

• Financial audits, employee training, customer feedback

• Marketing strategies, sales techniques, customer service

• Product development, market research, advertising

What is one of the benefits of implementing a robust safety and health program?

• Improved compliance with laws

• Increased operational errors

• Higher retail shrinkage

• Decreased employee retention