Research, based on polls given to small and mid-sized managers and owners, has found that health and safety risk management is most likely to be outsourced. The research has found that although only a minority currently outsource many are considering outsourcing key corporate functions and the health and safety is at the top of the list. Only one in ten managers and business owners will outsource the management of accounting function; over 50% of these managers would consider or are currently outsourcing health and safety management.
The main reasons for outsourcing, cited by respondents, is time saving, cost effectiveness, and allows managers time to focus on core business. Managers and owners of small businesses are considering outsourcing as a way of managing the very real risk of non compliance. Managers and owners may not also be aware of rules they need to follow or not have sufficient time or the right resources to comply with regulations.
Many companies are finding it an increasing burden to comply with the health and safety regulations and are facing an increase in employers liability insurance rates and penalties. Complying with the regulations...
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