SAFETY PROTOCOLS
broken bones, burns, or more pronounced wounds can lead to long-term disabilities.
Inadequate safety precautions can result in severe legal and financial consequences, including OSHA fines and penalties for violations, worker’ s compensation claims and potential lawsuits, as well as increased insurance premiums and liability costs.
“ If an incident is OSHA-recordable, you can count on your insurance rates going up,” remarks Tony Malson, Safety Manager for Merriwether & Williams, a HUB International Company.“ If your EMR( Experience Modification Rate) is over 1.0, your insurance rates will increase for several years. If the accident is bad enough and is found to be your fault, it could end your business and even result in prison sentencing.”
According to OSHA, the cost of a serious violation can be more than $ 15,000, while willful or repeated violations can result in penalties in excess of $ 156,000.
Project delays and cost overruns can also occur from unsafe working conditions. Not only may workers be hesitant or unmotivated to work in unsafe conditions, creating a loss of productivity, but safety hazards can create work stoppages and damage to equipment, materials or structures that require costly repairs.
16- imwis. com