Just getting back into PREPMODE after a 9 month hiatus. Worked on my first AWA in sometime, and was wondering if any of you would be kind enough to provide feedback (be as critical as you'd like, I won't feel bad
The passage was as follows:
"Most companies would agree that as the risk of physical injury occurring on the job increases, the wages paid to employees should also increase. Hence it makes financial sense for employers to make the workplace safer: they could thus reduce their payroll expenses and save money."
This passage asserts that due to the fact that there is a strong positive correlation between the potential hazards and risks in the workplace and the wages paid to employees, it behooves companies to mitigate some of those risk factors in order to control expenses.
This argument, while sound, makes a number of assumptions to make a blanket statement that may or may not be applicable to all companies across the board. First, it assumes that all risk is quantifiable and can translate into a monetary benefit for a company. Take for example, a firm which has operations across the globe. Social and economic upheaval around the world may put a fraction of the company’s workforce at risk. However, how does one account for an event for which has not yet occurred, whose impact is not yet known, and most importantly is outside the control of the company? This is the type of risk, that while it puts employees at “risk for physical injury”, is not necessarily quantifiable beforehand, nor is it in the company’s hands to safeguard against it.
Secondly, the argument assumes that the cost of safeguarding the workplace is, on average, lesser than the amount of hazard pay the company would be responsible for otherwise. Truly, it depends on the safety protocols and standards employed by the company, some of which may be mandated by the government. The cost of making the workplace a safe having may not necessarily offset the cost of wages incurred by the company.
I think the argument may be strengthened if additional data is provided that proves that a company’s initiatives to make the workplace safe has in fact reduced the amount of hazard pay that would be otherwise necessary. Additionally, it would help if the data indicates that the cost of implementing safety measures has offset the wage expenses to such a degree that it positively impacts the company’s bottom line.Like I said, please be as critical as you'd like, I really would like to improve.