It’s vital to bear in mind the financial and legal penalties a company can face if it fails in its duty of care to employees.
The serious injury or death of an employee in the workplace can result in an employer being sued. Similarly, if a company illegally dumps waste or pollutes the environment it can face legal action.
Employer’s liability insurance can help protect a company in the event an employee safety issue reaches court. Companies can also take action to insure themselves in the event an environmental accident leaves it with a large clean-up bill. However, if a company is able to show it has taken effective steps to prevent such accidents in the first place, it may be able to reduce its premiums.
Businesses need also to be aware of their responsibilities to disabled employees, customers and visitors to their premises. Failure to comply with the Disability Discrimination Act could land a business your £50,000 fine.