Department of Labor Seal photos representing the workforce - digital imagery? copyright 2001 photodisc, inc.
Department of Labor Seal www.osha.gov   [skip navigational links] Search    Advanced Search | A-Z Index
The Business Case For Safety > Slide 16 Alliance Logo

Link to Printing Instructions Printing Instructions | Text Version
 
HOME
Slides 1-10
Slide 11
Slide 12
Slide 13
Slide 14
Slide 15
Slide 16
Slide 17
Slide 18
Slide 19
Slide 20
Slides 21-30
Slides 31-40
Slides 41-50
Slides 51-60
Slides 61-70		 Slide 16
    TEXT VERSION OF SLIDE:
    Title: WHAT DO ACCIDENTS COST YOU?
    Type: Text Slide with Background Photo and Images
    Content: Direct - Insured Costs, "Just the tip of the iceberg" [Includes background photo of iceberg and clipart image of sinking ship with caption that reads "Unseen costs can sink the ship!".]

    Indirect - Uninsured, hidden Costs - Out of pocket

    Examples
    1. Time lost from work by injured employee.
    2. Lost time by fellow employees.
    3. Loss of efficiency due to break-up of crew.
    4. Lost time by supervisor.
    5. Training costs for new/replacement workers.
    6. Damage to tools and equipment.
    7. Time damage equipment is out of service.
    8. Loss of production for remainder of the day.
    9. Damage from accident: fire, water, chemical, explosives, etc.
    10. Failure to fill orders/meet deadlines.
    11. Overhead costs while work was disrupted.
    12. Other miscellaneous costs (Over 100 other items of cost may appear one or more times with every accident)
    13. Others? _________________________________
    Unknown Costs -
    1. Human Tragedy
    2. Morale
    3. Reputation
    Speaker Notes:
     
    • Important to consider both Direct and Indirect Costs
    • You tend to forget about indirect costs because they are difficult to measure - but they can run between 2 to 6 times your direct costs
       
 
Back to Top Back to Top www.osha.gov www.dol.gov
Contact Us | Freedom of Information Act | Customer Survey
Privacy and Security Statement | Disclaimers
Occupational Safety & Health Administration
200 Constitution Avenue, NW
Washington, DC 20210