The Truitt Law Firm, LLC
Call For A Free Consultation

Safety problems can have big financial impacts on businesses

Being accused of falling short when it comes to keeping a safe workplace can put a business into a very precarious position. Major consequences can come out of such accusations, including financial consequences.

For one, allegations of safety mishaps or oversights could lead to a business being issued a fine by the federal Occupational Safety and Health Administration, if the alleged oversight/mishap is against applicable federal safety regulations. And the potential financial impacts of OSHA fines recently shot upward, as some major fine increases recently took effect when it comes to OSHA violations.

Another way alleged safety problems with its business space could take a big financial toll on a business is through exposing the business to potential litigation. When a customer or a worker with another company is hurt in a business’s workplace, and the hurt individual alleges that the injury happened because of a safety failing in that workplace, the business could face a personal injury lawsuit. Pretty significant damages could end up being assessed against a business in such a lawsuit if the business loses the case. So, the quality of the defense strategy a business has when facing such lawsuits can have big implications.

Financial losses coming from OSHA fines or personal injury lawsuits can cause major setbacks for a business and could even put its continuing viability in danger. So, maintaining a safe business space can be a key part of protecting a business’ overall wellbeing. Examples of workplace-safety-failing-prevention measures businesses can take include:

  • Providing high-quality safety training to employees.
  • Conducting thorough in-house safety inspections.
  • Encouraging employees to report safety concerns, so possible safety issues can be addressed before they escalate into major problems.
  • Maintaining solid recordkeeping when it comes to safety matters.
  • Being aware of the state and federal safety rules they are subject to, and engaging in proper preparations to stay in compliance with such rules.
  • Using new technologies to enhance their workplace safety practices.

In your opinion, what are the most important things for businesses to do when it comes to staying on top of safety matters?

Source: EHS Today, “Top Three Ways to Avoid Increased OSHA Fines,” James Robins, July 20, 2016

No Comments

Leave a comment
Comment Information
Email Us For a Response

How Can We Help?

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Office Location:

Covington Office 149 North New Hampshire Street Covington, LA 70433 Phone: 985-273-0900 Fax: 985-327-5252 Map & Directions

Covington Office

Metairie Office 433 Metairie Road Suite 209 Metairie, LA 70002 Map & Directions

Metairie Office
Review Us
  • The Seal Of Experience | Trial Masters
  • Distinguished Justice Advocates | Top 1% Attorneys in America
  • SuperLawyers Jack E Bobby Truitt | 5 Years
  • AV | Peer Review Rated
  • Avvo Rating Superb | Top Attorney Litigation
  • Best's Client Recommended 2019 Insurance Attorneys
  • America's Top 100 Civil Defense Litigators 2019® Recipient Award