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Cost of injuries
Several years ago the National Safety Council of Australia developed this audit of the direct and indirect costs of work-related accidents.
From National Safety Council of Australia. Note that a similar audit could be carried out for an environmental incident.
| The auditing of accident cost |
| Insured cost |
| Injuries |
Property damage |
- Compensation for lost earnings
- Medical and hospital costs
- Awards for permanent disability
- Rehabilitation costs
- Funeral charges
- Pensions for dependants
|
Insurance premiums or charges
for:
- Fire· Loss and damage
- Use and occupancy
- Public and liability
|
|
Uninsured costs |
| Injuries |
Associated costs |
- First aid expenses
- Transportation costs
- Cost of investigation
- Cost of processing reports
Wage losses
- Idle time of workers whose work is interrupted
- Person hours spent in cleaning up accident area
- Time spent repairing damaged equipment
- Time lost be workers receiving first aid
|
- Difference between losses and what is recovered
- Rental of equipment to replace damaged equipment
- Surplus workers for replacement of injured workers
- Wages or other benefits paid to disabled worker
- Overhead costs while production is stopped
- Loss of bonus or forfeiture of payment for delays
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Production losses
- Product spoiled by accident
- Loss of skill and experience
- Lower production by replacement worker
- Idle machine time
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Off the job accidents
- Cost of medical services
- Time spent on injured workers' welfare
- Loss of skill and experience· Training replacement worker
- Decreased productivity of replacement worker
- Benefits paid to injured worker or dependants
Intangibles
- Lowered employee morale
- Increased labour costs
- Unfavourable public relations
- Loss of goodwill
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HTTP/1.1 404 Object Not Found
Server: Microsoft-IIS/5.0
Date: Sat, 22 Nov 2008 00:29:12 GMT
X-Powered-By: ASP.NET
Connection: close
Content-Type: text/html
404 Object Not Found |