Blogs

Transaction Capital Recoveries’ commitment to Health and Safety through their Safetywallet Subscription yields great Return on Investment. The Return on Investment is an important consideration for any company, to ensure the returns yielded on Health and Safety are satisfactory as well as to ensure that they add value to the company. This, has been the case for Transaction Capital Recoveries and the investment they have made with Safetywallet, in yielding great returns and levels of Health and Safety compliance, to ensure a safe work place for all. According to the SafetyWallet calculator, Transaction Capital Recoveries in Hyde Park has a ROI which is currently standing on 458% with high levels of compliance to Health and Safety Legislation which have been consistently maintained at this level. Transaction Capital Recoveries in Hyde Park has recently had a Covid-19 and an annual grading audit and their unwavering commitment towards health and safety since becoming a SafetyWallet member has been commendable.

Residentia’s Health and Safety Programme is supported by SafetyWallet with an excellent return on investment Residentia - ROI and Road Map. Since becoming a member of the SafetyWallet membership rewards programme, Residentia has obtained a 47.1% ROI. The ROI Industry average is currently on 46.24% which places Residentia approximately 0.86% above the industry ROI. The road map for Residentia is as follows: 1) Friendship Circle, and 2) Legal Compliance Audit

Industrial Metal Profiling’s Health and Safety Programme is paying for itself with the Return on Investment (ROI) they are getting from SafetyWallet. Industrial Metal Profiling ROI Details and ROI As a SafetyWallet subscriber, Industrial Metal Profiling has a current Health and Safety Return on Investment of 68.30% as per the ROI SafetyWallet Calculator. This Health and Safety Programme is paying for itself. Through the SafetyWallet Health and Safety subscription Support and Rewards programme, Industrial Metal Profiling has saved R13,125 in the last twelve months on both health and safety services and health and safety e-learning. SafetyWallet has enabled Industrial Metal Profiling to add a health and safety maintenance program through its partnership with MAKROSAFE which has ensured continued health and safety compliance.

Carmat is rewarded with massive savings on their Health and Safety Programme with SafetyWallet. JLCD Trading t/a Carmat is a Health and Safety subscriber of SafetyWallet and through the support and rewards provided, Carmat has a current ROI of 71.2% according to the ROI SafetyWallet Calculator. As a subscriber of SafetyWallet, from a rewards point of view in the last twelve months, Carmat has made a total savings in their Health and Safety Programme of around R13,356. In addition, by being a SafetyWallet subscriber, Carmat can comply with health and safety requirements and has subsequently reduced the health and safety risk of unsafe practices in the workplace. There is currently one employee allocated to the Carmat health and safety programme. The appointed person currently spends between one or two days a week in training with SafetyWallet partner MAKROSAFE to complete a part qualification in health and safety and contractor management.

Vermont Sales and its SafetyWallet Return on Investment in Health and Safety Compliance. As a KPI (Key Performance Indicator), the ROI (Return on Investment) is essential for the determination of profitability of an expenditure, and the measurement of success over time, which greatly influences future business decisions. Vermont Sales is a member of SafetyWallet and as per the ROI SafetyWallet calculator, Vermont sales has seen a 7.7% return on investment thus far.   It is important to note that, as a SafetyWallet subscription, the journey towards the highest Health and Safety compliance is not only beneficial to the company, workplace conditions, and other factors, but also makes a company a more favourable choice as a supplier.

4 Packaging’s Health and Safety Programme is paying for itself with SafetyWallet. 4 Packaging Africa is a member of the SafetyWallet health and safety membership and rewards programme. The current health and safety return on investment (ROI) for the organisation as per the ROI SafetyWallet Calculator is 215.90%. Since the last audit conducted, 4 Packaging Africa has shown great improvement in its health and safety compliance with the benefit of seeing a great reduction in costs while implementing and maintaining the health and safety programme.

JAM International – Our Health and Safety Programme pays for itself with our SafetyWallet Subscription JAM International, as a subscriber of SafetyWallet, has achieved a 610.8% Return on Investment (ROI) according to the SafetyWallet ROI calculator. When weighed against the industry average ROI, JAM International is 277.87% above that average. ‘Our Health and Safety Programme pays for itself with our SafetyWallet subscription’ JAM International’s health and safety road map, is as follows: Step 1) Friend Circle Membership, and Step 2) Maintaining the implemented Health and Safety programme

A Subscription towards a Return on Investment, and Health and Safety Success – Khangwe Intelligent Technology Solutions Khangwe ROI Details and Health and Safety Road Map The Subscription towards a Health and Safety Return on Investment, or more commonly referred to as ROI is an important Key Performance Indicator which determines the profitability of an expenditure for a company. It is also the measurement of success over time as it influences future business decisions. As per the ROI Safety Wallet Calculator, Khangwe Intelligent Technology Solutions has a ROI of 257%. According to the SafetyWallet Health and Safety Road Map, Khangwe Intelligent Technology Solutions currently has a compliance percentage of 95.02% after the last Health and Safety audit was conducted. This puts Khangwe Intelligent Technology Solutions in the position to maintain the standards of health and safety compliance that it has through self-management. This requires that annual audits and risk assessments be conducted in addition to ensuring that administrative updates are done.

Can a Safety Management Program yield a Return On Investment ROI It is important not to confuse the benefits of a Safety Management Program with the concept of Return on Investment. According to a Google search, ROI (Return on Investment) measures the gain or loss generated on an investment relative to the amount of money invested. ROI is usually expressed as a percentage and is typically used for personal financial decisions, to compare a companys profitability or to compare the efficiency of different investments