Other than it is required by Federal and State law, why train?
UPS reports that it spends $38 million annually on safety training and this results in a savings to worker's comp of $87 million. This confirms what companies report -- every $1 spent on training results in a $3.00 savings.
In addition, 95% of business executives report that workplace safety has a positive effect on a companies financial performance.
In this financial climate, businesses look for ways to save money, cutting safety is never a good idea. Keep employees safe, keep training.