A Research of How health and safety affect employees productivity and Essay

A Research of How health and safety affect employees productivity and company profits in Koh Brothers Group - Essay Example Literature Review 4 2.1 Introduction to Literature Review 4 2.2 Importance of Health & Safety at Workplace 5 2.3 Health & Safety at Koh Brothers 6 3. Research Methodology 7 4. Conclusion 10 References 12 1. Introduction 1.1 Background of the Company Koh Brothers is a well established construction, property development and specialist engineering provider in Singapore. The company was started by Mr Koh Tiat Meng in the year 1966. They have various milestone projects under them such as flood alleviation, counting Rochor Canal and Kallang River to name a few. The group has wide-ranging construction services and 40 subsidiaries, joint ventures and associated companies which are spread over Singapore, China, Indonesia, Malaysia and Vietnam. Apart from construction, they have diversified business in building materials, real estate, leisure & hospitality. The company has received A1 grading by Building and Construction Authority (BCA) which enabled them to undertake various civil engineering projects and building projects over the years. Koh Brothers is currently the highest grade for contractor’s registration in this category. 1.2 Research title, Research Question, Research Objectives The report mainly focuses into the health and safety standards maintained by the company and how it can affect an employee’s productivity and company profits. ... Moreover, high number of accidents and employee sickness may result in company’s declining profit. Therefore, health and safety regulations should be improved and well implemented in order to increase company’s profits and employee’s morale in which lead to further productivity. This can increase company profits as it increase company’s reputations in the eyes of investors and stakeholders. 2. Literature Review 2.1 Introduction to Literature Review Our focus of study is to look into the health and safety standards maintained by Koh Brothers and how it has helped them to boost the employee performance and also boost the company profits. According to EANPC â€Å"Productivity is an expression of how efficiently and effectively goods and services (i.e. goods and services which are demanded by users) are being produced. Thus, its key characteristics are that it is expressed in physical or economic units - in quantities or values (money) - based on measurements which are made at different levels: on the level of the economy overall, that of a sector or branch of the economy, that of the enterprise and its individual plants/units and that of individuals† (EANPC, 2005). Being a construction company, Koh Brothers put a lot of stress on Human Resource. They believe that their people are behind the success of their company. Lot of health and safety measures are taken by them to ensure their protection and care. Their staff under-go through consistent upgrading course to make sure that they can develop their new-found skills, determine new efficiencies for their professional development, and achieve better satisfaction in their work. 2.2 Importance of Health & Safety at Workplace Research has shown that satisfied and happy employees