UDC 65.011: 331.101
DOI: 10.36871/ek.up.p.r.2025.04.14.020
Authors
Raisa S. Erzhapova,
Elmira S. Bokova,
Alikhan A. Dzhanhotov,
Grozny State Petroleum Technical University named after Academician
M. D. Millionshchikov, Grozny, Russia
Abstract
The article considers the economic feasibility of investments in occupational health and safety (OHS) using the example of small and medium-sized businesses. An analysis of the current state of occupational safety shows that investments in this area provide not only social protection for workers, but also a significant economic effect due to reduced injuries, reduced downtime, reduced penalties and increased productivity. Based on data from three enterprises, a comparative analysis of expenses was conducted before and after the implementation of measures to improve occupational safety. The results show that despite the increase in labor safety costs, the number of accidents is significantly reduced, which leads to savings on compensation, insurance payments and fines. In addition, the introduction of modern digital technologies and management systems helps to strengthen personnel stability and increase production efficiency. The article emphasizes the importance of integrating labor safety into the sustainable development strategy of an enterprise and considers it as an investment that brings long-term economic benefits. Practical recommendations are aimed at enterprises seeking to improve labor safety and optimize economic performance in the context of digitalization and growing social responsibility of business.
Keywords
labor safety, life safety, economic efficiency, investment, industrial injuries
