In today’s volatile business climate, companies are doing everything they can to recruit the best talent, retain effective employees, and prevent employee turnover. Lapses in any of these three mission critical areas almost always results in dollars lost. For example, when a business recruits individuals who are not fit-for-duty, other employees may be forced to pick up the slack and may need to work overtime. Existing employees may become stressed, dissatisfied, and may look for another job elsewhere. If a business loses effective employees to a competitor, business operations are adversely affected and they risk losing customers or clients. If a company cannot seem to rid itself of high turnover, it often finds itself scrambling to do more with fewer workers, as it looks to put the remaining people in place to get the job done.
One way to prevent this scenario from happening to your business is to conduct a pre-placement medical screening of every applicant, before they actually begin working with you.
Pre-Placement Medical Screening Benefits
A pre-placement medical screening can be conducted by any hiring company across a wide range of physical criteria applicable to nearly every industry or market sector. For example, for a manufacturing-based business, a pre-placement medical screening protocol can be utilized for each prospective hire, to ensure that the individual can physically perform the essential functions of his/her position.
If the individual demonstrates his/her ability to effectively perform the specific duties relating to the position under consideration, they can move forward in the on-boarding process. While this is merely an example, a pre-placement screening such as this can help to prevent the hiring of individuals who are unable to perform the essential job functions with or without accommodation. In turn, this reduces the risk of work-related injury and turnover. This simple medical screening process is too valuable for businesses to ignore.
How Much Money Can Businesses Potentially Save By Implementing Pre-Placement Medical Screenings Into Their Hiring Process?
While this would certainly depend on the specific business, employment position, salary costs, and any applicable benefits, businesses can be certain that pre-placement medical screenings will not only save them much needed financial capital, it will also save them the headache of having employees who are not physically capable of performing the essential job functions and needing to go through the process of constantly hiring to fill vacant positions that have occurred due to injuries or turnover.
To provide further insight in terms of just how much money a company can potentially save, a case study conducted by Dr. Liz Scott, a Canadian-based Disability Management Consultant took a group of 220 workers and split them into two groups: one was given a pre-placement screening for physical capabilities, and the other did not receive any pre-placement screening. In the first group, only the employees who passed the pre-placement screening were hired into their positions.
Over duration of four years, the group that had been given and passed a pre-placement screening, only one employee experienced a workplace injury, with a total cost of $6,500 to the employer.
In the group that did not receive a pre-placement screening, 23 employees were injured on the job, with a total cost of $2,073,000 to the employers. Although this was just one case study, these numbers alone represent just how extreme the difference can be when employers either do or do not commit to performing pre-placement medical screenings.
At the end of the day, the benefits greatly outweigh the cost for businesses. Pre-placement medical screenings quite simply have too many benefits to ignore.
AllOne Health is a third part administrator that can manage pre-placement exams for your business. To learn more, check out our occupational health services.