Good occupational safety and health (OSH) management practices, in addition to safeguarding workers and meeting legal obligations, can have significant benefits:
- a healthy, productive and motivated workforce, which enables companies and other organisations to remain competitive and innovative;
- valuable skills and work experience kept within an organisation through knowledge transfer and a greater pool of talent and skill;
- lower rates of sick leave and absenteeism, resulting in lower work disability costs for organisations and better productivity;
- lower levels of staff turnover;
- a working environment in which employees of all ages can achieve their potential;
- greater well-being at work.
Management of workplace safety and health in the context of the ageing workforce not only will improve the health and daily lives of individual workers, but can also improve the productivity and cost-effectiveness of an organisation.