Cost of Safety and Health by Arnite ricardo-gomez-angel-466758-unsplash.

The Cost of Safety and Health

Does a safety plan really pay off?

In late 2016, Occupational Safety and Health Administration (OSHA) implemented new regulations to battle injuries and fatalities in the workplace. Violation fees rose to $12,934 for a less severe breach and $129,336 if the breach was willful or repeated. In case of failure to abate, each day beyond the abatement date costs another $12,934 ― a massive change compared to the previous $7,000 and $70,000 for severe violations.

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