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What are benefits?
- Marketing:
- Improved image of the organization to customers,
- Enhanced competitiveness through improved economic effectiveness of social activities,
- Sustainable development through satisfying the workforce, which is the most important factor of a business,
- More attractive to employees and potential employees in recruitment, especially when the current labor market situation indicates tougher competition,
- Higher staff morale and loyalty to the company due to a more decent work conditions.
- Improved chance for export and penetration into international markets where SA 8000 compliance is a must,
- Reduce the necessity for audits and inspection from social and labor authority.
- Finance:
- Avoid penalties and fines for legal non-compliances,
- Higher usage of workforce due to fewer on the job injuries and work related health problem,
- Reduced staff absenteeism and staff turn over rate,
- Minimized losses in case of incidence and emergency.
- Risk management:
- Good risk prevention and minimizing losses,
- Possible reduction in insurance premium,
- Facilitating insurance claim and loss adjustment process.
- Enabling and facilitating certification, accreditation and recognition activities to:
- Be assured by third party certification,
- Overcome technical barriers to trade,
- Create means for advertising.
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