Health and safety regulations can conjure up thoughts of bureaucracy and red tape. However, maintaining good practice can help your business avoid costly claims should an accident occur. Over the last year 137 people were killed at work in Great Britain.2
Every time an accident occurs this has a direct effect on business profits and as the average profit margin for most companies is only 3 per cent, this can have a significant impact. A business with a 5 per cent profit margin would need to generate an extra £20,000 in sales or income to compensate for a £1,000 injury claim.
Since 2001, an average of 50 people in Great Britain have died each year as a result of a fall from height and a further 8,702 are seriously injured.3
To protect both their employees and their company, managers need to stay up to date on the risks and issues inherent to the employer-employee relationship.
As an employer, you have a duty of care towards your employees.
A team of our experienced consultants offer a portfolio of services to help you effectively manage your health and safety risk.