The value of a human life is priceless and must be protected at all costs. Notwithstanding, there are financial repercussions to consider if a tragic incident results in a fatality on your premises. Every year, workplace injuries, illnesses, and fatalities bring heartache and cost the nation billions of dollars. In 2021, it was estimated by The National Safety Council that workplace injuries and deaths cost the workers and employers $171 billion. This is especially applicable if any negligence has been established as a causation to the incident. Sanctions arising from health and safety violations, lapsed or absence of documentation or any general negligence on the part of employees or management can cost an enterprise millions of dollars.
However, the financial ramification is just a small portion of the negative effects that may follow. Workplace incidents have the potential to cause severe damage to an organizationʼs reputation. In addition, organizations may experience decreased employee morale, productivity, and loyalty. It’s crucial for organizations and subcontractors to keep themselves aware and updated on the appropriate process, procedures and guidelines in the case of any workplace incident.
In this white paper you will learn how to react post-fatality in regard to: