Did you know that the average cost of an eye injury is $1,463, when you consider all the hidden costs?
Accidents are more expensive than most people realize because of the hidden costs. Some costs are obvious — for example, Workers’ Compensation claims which cover medical costs and indemnity payments for an injured or ill worker. These are the direct costs of accidents.
But what about the costs to train and compensate a replacement worker, repair damaged property, investigate the accident and implement corrective action, and to maintain insurance coverage? Even less apparent are the costs related to schedule delays, added administrative time, lower morale, increased absenteeism, and poorer customer relations. These are the indirect costs — costs that aren’t so obvious until we take a closer look.
The more accidents that occur in a workplace, the higher the costs — both increased insurance premiums and greater indirect costs.
Three Sixty Safety can help assess the impact of occupational injuries and illnesses on your profitability. Contact Three Sixty Safety to schedule a no-cost consultation. www.info@!threesixtysafety.com
Our Goal: Everyone Goes Home Safe…Every Day!