What is a top way to reduce costs in an organization?

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Developing a culture of safety in an organization is a paramount strategy for reducing costs. When a strong safety culture is established, it leads to fewer accidents and injuries in the workplace. This directly correlates to reduced expenses associated with workers' compensation claims, medical costs, and potential legal liabilities. Additionally, a safe work environment enhances employee morale and productivity, as employees feel more secure and valued, which often results in lower turnover rates and related hiring costs.

In contrast, the other options would negatively impact the organization. Increasing hazardous conditions would likely lead to more accidents and associated costs, while limiting employee engagement can diminish productivity and increase turnover. Delaying safety training sessions compromises employee safety, potentially leading to injuries that could have been avoided, ultimately increasing costs instead of reducing them.

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