The REAL Cost of Lost Time Events
SAFETY PROFIT CENTER
Direct and Indirect Costs Associated with Injuries
Unbudgeted and Uninsured Costs
EXAMPLES: Cost to hire & train replacement workers, damaged property, accident investigation time, corrective action low employee morale, increase absenteeism, loss of products or services, delays in shipment, additional overtime, OSHA Penalties, PAYING EMPLOYEE BENEFITS FOR AN EMPLOYEE NOT WORKING.
Claim totals the Work Comp Carrier Paid: | $27,813 |
Conservative Multiplier to calculated Indirect Costs: | 4.0 |
Total Indirect Costs: | $111,252 |
Bottom Line Profits
Eliminating these costs would increase your bottom line profits by: $111,252
or
Assuming a 5% Profit Margin, the sales equivalent of: $2,225,040
INCREASE SAFETY = INCREASED PROFITS
Please call me today so we can conduct an onsite evaluation at your earliest convenience.