Construction companies are increasingly allocating more money for labor-saving items that reduce man-hours in the field while limiting liability risks. Handheld tools and devices can enhance worker performance and reduce owner overhead costs for increased market competitiveness. Greater productivity can be achieved through safer, ergonomic devices that increase efficiency while reducing health insurance-related claims.
Innovation, in part, has been driven by companies forced to do more with less during a deep recession. The most popular, best-selling items often address repetitive stress injuries, which cost employers more than $20 billion annually in workers' compensation, reports the Occupational Safety and Health Administration. Another $100 billion is spent on lost productivity, employee turnover and therapy and/or surgery.