Monday 1 August 2016

Budget for Safety - an Easy Way

Apart from the fact that it is good management to reserve the funds for your OSH needs for the next 12 months, it is also a requirement under the WorkSafe Plan (Indicator 1.6)

Your budget doesn’t have to be complicated.  Use a single sheet of paper.  On the left hand side write down the main expenditure headings e.g. 
  1. First Aid Equipment and Materials 
  2. Personal Protective Equipment and Clothing 
  3. Signs  (safety and hazard signs, floor marking etc)
  4. OSH Training (Managers and Supervisors, fork lift operator certification, first aiders, general safety training)
  5. Audit fees (external, independent, third party certification against WorkSafe Plan or AS 4801) 
  6. Inspection and Servicing (fire extinguishers, pressure vessel/crane inspection and certification) 
  7. Safety Advisor fees (noise reports, OSH management system and documentation, inspections, monitoring and specialist advice) 
  8. Publications and Subscriptions
  9. Miscellaneous - anything else you can think of.

Having written down the main expenditure items (and any more you think of) estimate how much each is going to cost you based on your past experience and what you plan to do and achieve over the next 12 months - put these estimates on the right hand side of the page against each heading.

Now, add “Safety Budget” to the agenda of your next OSH Committee meeting so you can discuss it and make any adjustments necessary.  If you are the boss all you have to do is approve the budget at the meeting.  If not, it’s up to you to get approval (and I’m sure you won’t have any difficulty with that!)

Visit www.appliedsafety.com.au for more information.

©  Applied Safety & Risk Management                          www.appliedsafety.com.au


The views expressed in this article are those of the author who is not a lawyer and is not qualified to provide legal advice therefore before acting professional legal advice should be obtained.

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