HomeHome SearchSearch MenuMenu Our productsOur products

Revealed: Five consequences of accidents in the workplace

by , 14 October 2013
Incidents don't come with a warning sign and can happen to anyone, at anytime! They can cost you thousands, maybe even millions in compensation claims. This is just one of the consequences of accidents in the workplace. Here are five other consequences you'll face if you don't effectively prevent accidents.

The Health & Safety Advisor defines an accident as an event where there's injury to another person and loss to the company.

If you don't take steps to reduce or prevent accidents in your workplace, you'll face the following consequences…

Prevent accidents in the workplace or face these five consequences

Consequence #1: After an accident, your budget plan's going to take a knock. This is because you'll incur costs you didn't plan or budget for.

'Accidents eat into your profits. They'll cost you more to replace what's been lost. And depending on your product mark-up, you'd have to make a much higher profit within the same budget period after each accident to cover the losses you incurred from these accidents,' says the Health & Safety Advisor.

Consequence #2: From a legal perspective, if you cause injury to your employee, you could be jailed for a year and the Department of Labour (DoL) could make you pay a minimum fine of R50 000.

Consequence #3: If your employee becomes ill or if he dies, you could be imprisoned for two years, and the DoL can fine you R100 000.

Consequence #4: If your employee dies because of an injury or illness, you could be taken to court by the State for culpable homicide, in addition to the penalties and fines imposed by the DoL.

Consequence #5: You could lose your business because the DoL has the power to shut your business down.

That's not all.

The DoL also has the power to stop you from opening another business or working in a position of senior management for another company.

The bottom line: It's in your best interest to keep your workers safe and prevent accidents from happening in the first place. After all, prevention is better than cure.



Related articles




Related articles



Related Products



Comments
0 comments


Recommended for You 

  Quick Tax Solutions for Busy Taxpayers – 35 tax answers at a glance



Here are all the most interesting, thought-provoking and common tax questions
asked by our subscribers over the last tax year – everything from A to Z!

To download Quick Tax Solutions for Busy Taxpayers – 35 tax answers at a glance click here now >>>
  Employees always sick? How to stop it today



Make sure you develop a leave policy to regulate sick leave in your company.

BONUS! You'll find an example of the leave policy and procedure in this report.

To download Employees always sick? How to stop it today click here now >>>
  Absenteeism: Little known ways to reduce absenteeism



This FREE e-report will tell you how you can reduce absenteeism in your workplace while avoiding the CCMA and without infringing your employees' labour rights.

To download Absenteeism: Little known ways to reduce absenteeism click here now >>>
  7 Health & safety strategies to save you thousands



Don't let a health and safety incident cost you one more cent. Implement these seven
strategies in your company today.

To download 7 Health & safety strategies to save you thousands click here now >>>