Be Wary of this Year’s Major Risks

According to a recent report published by insurance industry experts, the manufacturing sector has several significant challenges to overcome this year.

The most pressing of these include the following :

. Skills gap – There is an annual shortfall of around 20,000 skilled workers entering the sector.

. Fourth Industrial Revolution – Not enough firms are adapting to how digital and wireless technology is changing manufacturing processes.

. Lack of apprentices – Only 54 per cent of firms are training apprentices.

. Health and safety – Every firm has some type of lifting and moving risk, and 24 per cent of injuries in the sector were caused by lifting and 22 per cent by slips, trips and falls in 2016-17.

.HSE prosecutions- A staggering 98 per cent of HSE violations in manufacturing resulted in a conviction.

The content of this profile is of general interest and is not intended to apply to specific circumstances. It does not purport to be a comprehensive analysis of all matters relevant to its subject matter. The content should not, therefore, be regarded as constituting legal advice. Further, the law may have changed since first publication and the reader is cautioned accordingly.

2018 Zywave