The REAL Cost of Lost Time Events

The REAL Cost of Lost Time EventsSAFETY 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.