The Benefits of Equipment Maintenance and Housekeeping

Your business’ success lies in your careful decisions – and that includes how you approach the safety and risk management of your workplace. 

Staying on Top of Safety at Your Business

Without functional equipment or a clean, organized workplace, the risk for injuries and losses can increase. At the end of the day, maintaining your tools and equipment, along with tackling regular housekeeping, can help in the following areas by: 

Equipment Maintenance:

• Increasing profits
• Enhancing employee safety 
• Reducing the risk of accidents, especially fires
• Increasing product quality and customer satisfaction
• Avoiding regulatory issues and financial penalties
• Improving energy efficiency, helping to lower operational costs
• Extending equipment lifespan, saving replacement costs
• Reducing downtime and production disruptions

Housekeeping:

• Increasing efficiencies
• Increasing profits
• Reducing Experience Modification (Ex Mod) costs (used by insurers to describe both past injuries and future risks)
• Helping to prevents accidents and injuries 
• Reducing fire hazards and claims risks
• Creating a safe and efficient work environment
• Minimizing potential pest infestations and damage
• Enhancing employee morale and productivity
• Improving the company's image and reputation

Federated^® clients who are interested in learning more about these important topics can check out mySHIELD^® for sample checklists, safety manuals, guides, and other resources. Reach out to your local marketing representative for additional information.

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This article is for general information and risk prevention only and should not be considered legal or other expert advice. The recommendations herein may help reduce, but are not guaranteed to eliminate, any or all risk of loss. Examples shown are for illustrative purposes only. The information herein may be subject to, and is not a substitute for, any laws or regulations that may apply. Qualified counsel should be sought with questions specific to your circumstances. ©2023 Federated Mutual Insurance Company.