Average Fines Assessed By OSHA Rose Significantly In 2016
Published by Timothy G. Wiemer on Average fines assessed by OSHA rose significantly in 2016 (for serious workplace safety violations). This after the agency revamped its penalty structure. According to the article found on the website Business Insurance written by “From Aug. 2 to Dec. 31, 2016 the average penalty for serious violations increased to $5,087 from $3,285 in the prior-year period, according to OSHA data presented at an American Bar Association
conference earlier this month. The fines were significant for large employers – defined as having more than 250 employees – with average penalties for serious violations rising from $5,915 to $10,065. ““In January, the agency again adjusted these penalties based on the Consumer Price Index, meaning that the maximum fine faced by employers for willful and repeat OSHA violations rose to $126,749 while the maximum penalties for serious and other-than-serious citations increased to $12,675. ” Follow the link to read the article in its entirety [ http://www.businessinsurance.com] With the increase in fines many non-compliant business’s are now re-considering their decision to put off being OSHA compliant. Many companies are asking themselves is it worth the risk? Many are realizing that educating workerson the basics of occupational health and safety can help reduce workplace accidents and injuries. Occupational health and safety training can also save companies from costly legal battles. Businesses also realize that they can also enjoy enhanced productivity and satisfaction among personnel by keeping the workplace safe.
What Are Your Thoughts?
Do you agree the statement: Employers who take measures to keep their workers safe are also more likely to earn the loyalty of employees?
How has your company reacted to OSHA and the new fine increases?