Industrial accidents at workplaces in South Korea brought on an estimated lack of almost 30 trillion gained (US$25.6 billion) final yr, with the nation searching for to impose heavy punishment on employers within the occasion of office disasters beginning subsequent yr, Development reviews citing Yonhap.
The losses attributable to industrial accidents have been estimated at 29 trillion gained in 2020, up 8.5 % from a yr earlier, in keeping with the information compiled by the Ministry of Employment and Labor.
The whole variety of deaths from industrial accidents got here to 474 over the January-June interval of 2021, up 4 from a yr earlier, the information additionally confirmed.
South Korea plans to implement the so-called extreme catastrophe legislation in January subsequent yr, underneath which homeowners or CEOs of companies which have skilled industrial disasters could be sentenced to jail or obtain a big effective.
Employers could face at the least one yr in jail or as much as 1 billion gained in fines within the occasion of lethal on-duty disasters attributable to lax office security measures.