OSHA Math: Calculating the Full Impact of the 2016 Penalty Increase


Under the Federal Civil Penalties Inflation Adjustment Improvements Act of 2015, OSHA penalties will undergo annual inflation adjustments beginning on January 15, 2017. A one-time “catch up adjustment”, however, must be announced by the agency by July 1, 2016. This “catch up adjustment” will take effect no later than August 1, 2016. The purpose of this one-time “catch up adjustment” is to make inflation adjustments since the last increase in OSHA fines in 1990.

Many experts are predicting that the “catch up adjustment” could mean an 80% increase in OSHA penalties effective August 1. The following shows how such an increase would affect the current maximum penalties:

READ MORE

Featured Posts
Recent Posts
Archive
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

* Principal Office - Plano. By appointment only in Austin, Dallas & Oklahoma City

 

Disclaimer: We created this website to provide general information about our law firm. The information on this website does NOT constitute legal advice and you may not rely on it as such. If you would like to discuss your matter with an attorney at Seltzer Chadwick Soefje & Ladik, PLLC, please contact us to schedule a consultation.

Other Terms of Use/Disclaimers  - 

© 2020 Black Sails Media, Inc. All rights reserved Seltzer Chadwick Soefje & Ladik, PLLC.

  • LinkedIn Clean
  • Twitter Clean
  • Facebook Clean