Injury Cost
Calculator

Injury Cost Calculator

Direct Cost($): (What Costs Should I Include?) Great question! "Direct Costs" typically include medical bills, lost wages and ongoing care/rehibilitation costs. See the FAQ tab on this page for a more detailed explanation. Great question! Your profit margin is the amount by which revenue from sales exceeds your expenditures. Calculate Injury Cost

Frequently Asked Questions About Injury Costs

What Multiplier is Used To Calculate Indirect Costs?

OSHA projects the amount of indirect costs may be estimated by multiplying an injury's direct costs by the multiplier shown in the below table.

Direct Cost	Multiplier
$0 - $2,999	4.5
$3,000 - $4,999	1.6
$5,000 - $9,999	1.2
> $10,000	1.1

What is the True Cost (or Total Cost) of a Workplace Injury?

Workplace injuries have both "direct" and "indirect" costs.

"Direct" costs are the most obvious (such as medical bills), but represent just a fraction of the overall cost of an injury.

"Indirect" costs are less obvious (such as loss of productivity), but are estimated to be 3 to 10 times higher than direct costs.

What are "Direct" Costs of an injury?

Think of "direct" costs as those that are paid to address the damage caused by an injury (or the costs you would typically claim under your worker's compensation or disability insurance). Examples of "direct" costs include, but are not limited to:

• Medical expenses
• Lost wages
• Rehabilitation expenses

What are "Indirect" costs of an injury?

"Indirect" costs are all of the other costs that impact a company's bottom line as the result of an occupational injury. These costs are often referred to as "hidden" costs and may include, but are not limited to:

• Loss of efficiency from employee's absences
• Lost productivity while managing incidents
• Lost productivity due to lower employee morale
• Damage to product or product spoilage
• Equipment damage
• Temporary labor and/or overtime costs
• Cost of retraining an injured employee or training a new worker
• Emergency supplies
• Potential OSHA Fines
• Attorney Fees (such as for negotiating OSHA penalties)
• Increase in Worker Compensation Insurance Costs
• Negative publicity and reputation loss

How Injury Reporting Software Can Help

Injury Reporting Software streamlines and simplifies your processes for reporting, tracking, and investigating incidents. This results in:

Injury Cost Reduction and Injury Prevention Help

Please call us at (720) 547-5102 or complete the form below to learn more about Ecesis can help you reduce incidents and improve performance.

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