10 Consequences of Noncompliance to Organization
Organization and companies over the world lose large amounts for non-compliance with health and safety standards. Given below are ten consequences of noncompliance to organization.
- Imposition of fines to organization
- Issuance of prohibition due to high risk
- Issuance of warning letters to do improvement within specific time period
- Prosecution of management and personnel
- Issuance of prison sentences
- Loss of reputation
- Loss of contracts
- Lawsuits
- Imprisonment
- Regulatory scrutiny