Final answer:
To eliminate or reduce work risks, employers must make feasible changes to working conditions, use safer chemicals, provide adequate ventilation, and offer training on potential hazards. They need to keep records, provide protective equipment, and comply with OSHA standards, including timely notifications of incidents. Preventive measures like frequent security and fire sprinkler system inspections can also reduce the effect of moral hazard.
Step-by-step explanation:
Actions taken to eliminate or lower risk at work involve various strategies that employers must implement to provide a safe workplace in compliance with OSHA standards. Employers are required to actively find and correct safety and health problems, preferably by making changes in working conditions to eliminate hazards. For example, employers can switch to safer chemicals, enclose processes to contain harmful fumes, or use ventilation systems to clean the air to reduce risks.
Furthermore, it's essential to inform workers about potential chemical hazards through training, labels, and other methods. Additionally, accurate records of work-related injuries and illnesses must be kept, and required personal protective equipment must be provided to workers at no cost.
To ensure worker safety, employers must also conduct workplace tests, such as air sampling and provide medical tests when mandated by OSHA. The posting of OSHA citations and annual summary data of injuries and illnesses is essential, as well as promptly notifying OSHA of severe workplace incidents. Employers are obligated by the Occupational Health and Safety Act (OHSA) to disclose any potential hazards to employees, so they are equipped to work safely.
Finally, reducing moral hazard involves measures such as frequent inspections of security and fire sprinkler systems, which can also lead to lower insurance rates for businesses.