We all know that prevention is better than cure, but do we really understand how it works and its impact? How can organisations look under the surface to measure the effectiveness of implemented strategies?
Pre-employment medical assessments are essential for many companies to ensure the health and well-being of their employees. There are obvious advantages of knowing an applicant’s fitness for a job but unfortunately, many don’t fully understand the significant and ongoing impact that this screening can have on the larger organisation. There are so many more benefits to be uncovered.
Suremploy, a data-driven physical and mental function pre-employment screening service provider, has undertaken research and analysed data from several sectors and organisations and uncovered 5 surprising benefits.
1. Decrease in injuries
This shouldn’t be a surprise as it is the whole point of performing pre-employment medical screens, but the numbers were astounding. By thoroughly screening and identifying applicants at high risk of injury, workplaces can implement strategies and adapt roles accordingly. One way to measure this is by using the Lost Time Injury rate and in one company, the National WHS Manger reported that this was reduced from 15.8 to 2.6 over 4 years.
2. Return on Investment
Implementing strategies in organisations should yield a return on investment as a sound business practice. By screening applicants and understanding their capabilities, each workplace will see a significant decrease in injuries, a reduction in workers compensation claims, medical expenses, recruitment costs and associated legal costs. A national aged care provider has seen a 500-800% ROI by implementing high-quality pre-employment screening across the organisation.
3. Decrease Staff Turnover
When the right person fits the right role, this leads to improved job satisfaction and employee retention. Employees who feel confident to do their tasks safely and effectively are more likely to remain engaged and committed. An Australian aged care provider saw a nearly 29% reduction in staff turnover despite doubling the workforce over several years.
4. Cost Savings
A reduction in injuries will have a direct impact on workers compensation insurance premiums. Few organisations have seen a 50% reduction of workers compensation insurance premiums over 4 years, and in some cases saving millions of dollars a year. But it’s also the savings from not having to manage injuries, rostering, recruiting and training new staff.
5. Fast turnaround
Suremploy has invested heavily in technology and streamlining processes to provide exceptional speed and efficiency while maintaining a high level of quality. Sophisticated but easy-to-use systems have been developed to automate data collection and analysis to ensure rapid assessments of candidates. Organisations have seen a typical turnaround time of 18 hours for physical and mental well-being pre-employment assessments which translates into faster hiring decisions, minimises
delays and helps maintain business continuity.
Pre-employment physical and mental well-being medical assessments offer more than just a superficial evaluation of a candidate’s fitness for a role. By utilising and embracing a highly sophisticated, data-driven approach, organisations can go deeper and uncover surprising benefits. These include a significant drop in workplace injuries, a higher return on investment, a more engaged workforce, significant cost savings and fast turnaround times.
Employers demonstrate their commitment to the health and safety of their workforce by utilising Suremploy’s comprehensive pre-employment physical and mental well-being assessment tool. This also gives organisations a competitive edge in financial stability by attracting and retaining valuable workers.
Tom’s entrepreneurial perspective challenges traditional views affording outstanding results. His work in the injury prevention space has been shown to significantly reduce injury costs by on average 50% over a 3-year period in the aged care sector. Tom’s extensive knowledge and experience culminated in the development of a highly innovative and effective pre-employment assessment tool.
Tom is passionate about innovating to improve lives in terms of both physical and mental health. He values quality time with family and friends as well as travel, especially to his native Scandinavia.
