Sharp increase in health and safety fines
Health and safety fines rose sharply last year, with the construction industry being fined the most followed by the manufacturing industry.
These fines have increased due to the introduction of tougher rules under the Corporate Manslaughter and Corporate Homicide Act 2007 that came into force in February 2016.
The average cost of fines has risen from £69,500 in 2015 to £211,000 in 2016. Not only are the fines for health and safety breaches soaring but directors of two construction companies have also received significant custodial sentences.
These fines are unlimited and proportional to the size of your company:
- Micro – Turnover not more than £2 million
- Small – Turnover between £2 and £10 million
- Medium – Turnover between £10 and £50 million
- Large – Turnover over £50 million
As an example, a large company could face fines of up to £10 million for the most serious health and safety offences whilst corporate manslaughter fines could reach up to £20 million.
In 2016 more than 18 fines topped £1 million; compared with just two in 2015.
It is clear that companies will need to work ever harder to control the risks from incidents, accidents and ill health and to protect their employees and others from reasonably foreseeable harm. Don’t worry as THSP can help, to find out more about our full range of health and safety consultancy services click here.