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Did you know that there has been an increase in fatal accidents in the workplace in the construction, agriculture and manufacturing industries? That means you could go to work expecting nothing more stressful than a meeting or two, and end up in the hospital by the end of the day! Suffering from an injury that affects your physical and mental well being as well as your ability to continue to work in the future. That is why you need to be up to speed on the types of accident that can happen in the workplace and what you can do about them. Read on to find out more.

Falls

Fatal injuries resulting from a fall is one highest categories in the HSE report. In fact, apart from accidents with vehicles, which we shall deal with below, it is the riskiest activity to do at work. But if you have to work at height or cross slippery surfaces as part of your job what can you do to minimise this risk?

Well, first of all, it’s vital that you insist on getting working a height qualification. As this will teach you about all of the safety procedures, you need to adhere to minimise any risk, both to you and to the others working with you. It’s also a good idea to always work with a harness when you are up high. Even if you are just going to be there for a short amount of time. This will provide an additional layer of safety if you do fall, slip or trip. Meaning an accident that may have proven fatal, end up being less serious.

Regarding slip hazards, it’s vital to be aware of your surroundings. This is partly your own responsibility., but also that of your employer. That means they should provide signage pointing out any slip or trip hazards that are present in the work area. To remind you to be extra careful.

Of course, being cautious will only prevent some of the accidents that occur during the work day. Accidents that through no fault of your own, may leave you in pain, crippled, and struggling to make ends meet. In that case, it’s vital that you contact a personal injury attorney that can help you assess whether you have a claim against your employer. Something that means it was your employer’s fault you were hurt and not yours. This entitles you to compensation for both the hours at work lost and the injury sustained.

Vehicles

The vehicle category is the largest in the HSE fatalities at work report. That means more people die because of an accident with a vehicle than of any other cause. This really highlights how important it is to be extra careful when working with vehicles.

Of course, that is easier said than done, because there are many different type vehicles used in a work situation from forklift trucks, cars, and motorbikes to articulated lorries, and heavy plant machinery, such as cherry pickers, slingers, and excavators that are used on construction sites.

In particular, this plant machinery can pose a clear and present danger to safety in the workplace, and this is why it’s useful to get plant machinery qualification that deals with not only how to drive the vehicle, but also how to watch out for any safety issue of those people working around you. Remember plant vehicles are noisy and cumbersome meaning you don’t always have a good field of vision, and cannot always hear warning shouts. So having additional training in how to get around these limits and still be safe can literally mean the difference between life and death if an incident does occur.

Machinery

Apart from plant machinery used on construction sites, which has been covered in the vehicle section above, it’s also necessary to be aware of safety procedures for fixed heavy machines, such as cookers, production lines, and the like. This is because of two things. First, these machines are usually oversized meaning the risk to health if they go wrong, or someone becomes trapped installed them in much more serious. Second, such machines are automated, so unless stopped manually they will continue to work, whether there is a serious problem or not.

That is why it’s vital to always be aware of the emergency stop button, as well as being able to reach it quickly. Also always familiarize yourself with the safety warnings to minimise the risk when working with this type of machine. It is also very important that there are enough workers on site, at any one time that have emergency first aid qualifications. As injuries associated with heavy machinery can be very serious and having someone there that knows exactly what to do to staunch blood flow, reduce the impact of shook on a victim, and prevent further injury can make all the difference to both the short term survival and long term recovery rate of the person involved.

Electrocution

Lastly, another important area concerning fatalities at work that needs to be addressed is electrocution. This is when the victim comes into contact with electricity. Something that can have a disastrous effect on the body. In mild cases, it can lead to thermal burns while in more serious ones it can result in heart attack, and even death, as provided by the HSE figures.

So how can you stay safe around electricity? Well first of all, always test for electric wires in walls before attempting to hang anything with nails or screws. Also the electric must be shut off at the mains before attempting to make any alteration or changes to a circuit. Indeed safety procedures should always be headed to when working with anything that is electrified, and you must ensure you have the proper qualifications and training before attempting such tasks.

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Student @ Advanced Digital Sciences Center, Singapore. Travelled to 30+ countries, passion for basketball.

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Business

Myths of Executive Jet Charters

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The act of flying in a private jet doesn’t seem like it should belong in someone’s day-to-day life. A private jet flight fits in the realm of red carpets, a sold-out world tour, or going to an exclusively owned island. However, you’d be surprised how often people do fly in a private jet – particularly in the world of business. There plenty of misconceptions about privately jetting off, so what’s it really like to fly in one?

It’s Too Expensive

It should be established that the fact people have to fly for business is nothing new. It could be anything from visiting a partner office abroad, or groups from various companies from around the world need to meet face to face with each other. It is likely when they fly they will want to do so in business class, if not first. If you think of the collective cost of these tickets, in comparison to hiring a jet the expense doesn’t seem too much. It can make financial sense to go private rather than commercial.  Jet charter companies can help people plan the journey so it’s just right.

It’s Hard to Find a Private Airport

In the US there are more private airports than commercial ones, so the chances are a business person can find an airport nearer them to suit their needs. Similar to the likes of hiring a car, hiring a jet means they are completely in charge of their transport. Colleagues can fly at a time which suits everyone’s schedules rather than have to rely on commercial lines.

You Still Have to Go Through Security

This is not the case when flying privately. It can really cut down on the time of travel, in turn saving company time. When boarding a flight could potentially take up an entire morning or afternoon, by going privately, people can board the plane as soon as they fancy. There is no queuing, taking off shoes, or having luggage inspected. Though they’ll still need to bring a passport when flying internationally.

Weather Restrictions

Obviously a plane, even if it is private, is not going to fly in adverse weather conditions. A private jet is just as safe as a commercial plane. However, one of the many perks of flying privately is you can get going a lot sooner. As soon as the weather is deemed less dangerous and it’s safe to fly, the captain of a private jet can take off. Businessmen don’t have to worry about prolonged delays or cancellations.

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Key Terminology You Need to Know Before You Start Trading Forex

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As the largest and most liquid market in the world, forex attracts a multitude of traders on a daily basis. It is the market where currencies are bought and sold as investment assets, and is usually accessed through online trading brokers such as Oanda. Whilst the concept of trading forex is relatively simple (buying/selling currency), it is shrouded in terminology and jargon which newcomers can find difficult to decipher. As such, here are some of the key terms you should know before you begin exploring forex.

Pairings

In the forex market, currencies are always traded in pairs, as this gives one currency its value compared to another. If the dollar were traded against the pound, for example, it would be expressed as USD/GBP, with the first currency being known as the ‘sell’ currency and the letter being known as the ‘quote’.

Many popular currency pairings have been given nicknames, which can seem confusing if you have never encountered them. EUR/USD, for example, is known as the ‘euro’, and GBP/USD is often referred to as ‘cable’ or ‘sterling’.

Leverage

The ability to leverage investments when trading forex is part of the reason the forex market is so popular. Leverage essentially allows a trader to control more units of currency with less money than would usually be required (often significantly less) but at much greater risk.

The trader will be able to choose how much leverage they apply to an investment, and it is expressed as a ratio (e.g. 100:1). Whilst leverage can help traders make a much larger profit using less capital, it can also lead to an equally large loss if the trade goes against them.

Volatility

Market conditions often differ greatly on a day to day basis, but those which change exceptionally quickly (like the forex market) are known as volatile markets. This means that the assets traded in such markets are constantly shifting in value, and so must be monitored by the trader regularly to help inform their decision.

Currency pairings will experience different levels of volatility at any given time, largely depending on the economic and political climate in the currencies’ country of origin.

These are some of the main terms that you should know before you invest money in the forex market. There are more, but once they have been learned, you should find it much easier to read and analyse forex.

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How to Boost Your Company’s Income Long Term

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Part of running a company is trying to make it profitable at least in the short term. You need to make your business generate money, so you can keep the company running each day. However, what if you want to expand your company in the future, or start offering more choice to your customers? You might not have enough profits to achieve this now, but you can try to boost your company’s long-term income so that you can build towards it in the future.

Work on Your Profit Margin

Although your profits might be doing well, there might be room for improvement that will give you a better long-term return. Think about your business and see if there are any areas where you can improve your profitability. You might be able to do small things like finding a cheaper energy supplier or use cheaper suppliers for your products. Another option is to see if you can increase your productivity which will generate more profits in return. To make this work effectively, you need to create a plan that will take into account all parts of your business.

Seek Long-Term Investment

If you have been making steady profits for a while, there should be no reason why investors shouldn’t look favorably on investing in your company. You need to give them a long-term vision of where you want to take the company, and how much you think you can sell at that time. It needs to be realistic, or your potential investors might not come on board, but it also needs to be ambitious enough that your company will grow as a result. If you already have investors in your company, then they might be more able to invest more in the company knowing its current growth.

Invest in Other Companies

There are many companies that choose to invest in other businesses. For some, these are long-term investments designed to generate additional income for the business. It might also be an avenue personally, as you can invest in other companies and use the income to help finance your business. If you are new to investing, then there are ways such as Betterment investing that are great for new investors who don’t want a lot of hands-on dealings.

Consider Franchising

One way that you can increase your profits without having to spend a lot of money is to offer franchises. These offer budding business owners the chance to start their own business and have all the back-up they need, without having to create their own business idea. It also works for you because you don’t have to run the franchise or provide staff. There have been many companies that have benefited well from launching franchises.

Even though the immediate future of your company is important, you need to think ahead so you can keep your business growing. Part of that is trying to generate enough income to move into other areas or bring out new products.

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