The Occupational Safety & Health Administration (OSHA) was established in 1970 "to assure safe and healthful working conditions for working men and women by setting and enforcing standards and by providing training, outreach, education and assistance." For OSHA to succeed in this mission, companies must be in compliance with its safety standards.
Failing to be in compliance and violating these standards can be very costly to the lives of your employees and the livelihood of your business. This past August, the cost for workplace safety violations increased by 78%, which marks the first time the rate has increased since 1990. The current maximum penalty of $7,000 for serious, other-than-serious and posting requirements increased to $12,471 per violation and repeated violations increased from $70,000 to $124,709 per violation.