Estimated Costs of Occupational Injuries and Illnesses and Estimated Impact on a Company's Profitability Worksheet
Employers can use the "$afety Pays" to assess the impact of occupational injuries and illnesses on their profitability. This program uses a company's profit margin, the average costs of an injury or illness, and an indirect cost multiplier to project the amount of sales a company would need to generate to cover those costs. The program is intended as a tool to raise awareness of how occupational injuries and illnesses can impact a company's profitability, not to provide a detailed analysis of a particular company's occupational injury and illness costs. Your local OSHA On-site Consultation Office can help small businesses identify workplace hazards and develop and implement an effective injury and illness prevention program.
How to calculate costs
Step 1: Select Injury Type from the table below noting the Average Direct Cost Multiplier OR Enter the total workers' compensation costs
Step 2: Enter the Profit Margin
Step 3: Enter the Number of Injuries
Step 4: Calculate the Total Direct Cost by multiplying the Direct Costs Multiplier by Number of Injuries.
Step 5: Calculate the Indirect Costs by multiplying the Total Direct Cost by Indirect Cost Ratio.
Step 6: Calculate the Total Costs by adding the Direct Cost to Indirect Cost
Step 7: Calculate the Additional Sales (Indirect) needed by multiplying the Indirect Cost by 100 divided by the Profit Margin.
Step 8: Calculate the Additional Sales (Total) needed by multiplying the Total Cost by 100 divided by the Profit Margin.
Step 9: Repeat the step to calculate other injuries on the worksheet.
Step 10: Calculate the sum of Total Costs by adding all Injury Type Total Direct Costs.
Worksheet
These tables are best viewed on tablets, notebooks, or desktop computer screens.
| Enter Injury Type #1 | Enter Injury Type #2 | Enter Injury Type #3 | |
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| Enter Injury Type Average Direct Cost Multiplier OR Enter Workers' Compensation Costs |
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| Enter Injury Type Indirect Cost Ratio |
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| Enter Profit Margin | |||
| Enter Number of Injuries | |||
| Calculate Total Direct Cost (multiply Direct Costs Multiplier by Number of Injuries) | |||
| Calculate Indirect Costs (multiply Total Direct Cost by Indirect Cost Ratio) | |||
Calculate Combined Total Costs (add Direct Cost to Indirect Cost) |
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| Calculate Sales To Cover Indirect Costs (multiply Indirect Cost by 100/Profit Margin) | |||
| Calculate Sales To Cover Total Costs (multiply Total Cost by 100/Profit Margin) | |||
Sum of all Injury Costs(add Total Direct Costs from all Injury Type Columns) |
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Injury Type Index
These tables are best viewed on tablets, notebooks, or desktop computer screens.
| Injury Type | Average Direct cost | Indirect Cost Ratio |
|---|---|---|
| AMPUTATION | 88,991 | 1.1 |
| ANGINA PECTORIS | 51,039 | 1.1 |
| ASBESTOSIS | 67,433 | 1.1 |
| ASPHYXIATION | 214,567 | 1.1 |
| BURN | 43,661 | 1.1 |
| CANCER | 87,601 | 1.1 |
| CARPAL TUNNEL SYNDROME | 30,882 | 1.1 |
| CONCUSSION | 52,120 | 1.1 |
| CONTAGIOUS DISEASE | 18,462 | 1.1 |
| CONTUSION | 27,653 | 1.1 |
| CRUSHING | 62,281 | 1.1 |
| DERMATITIS | 9,960 | 1.2 |
| DISLOCATION | 75,331 | 1.1 |
| DUST DISEASE, NOC (ALL OTHER PNEUMOCONIOSIS) | 31,206 | 1.1 |
| ELECTRIC SHOCK | 120,024 | 1.1 |
| ENUCLEATION (TO REMOVE, EX:TUMOR, EYE, ETC.) | 92,807 | 1.1 |
| FOREIGN BODY | 19,283 | 1.1 |
| FRACTURE | 53,458 | 1.1 |
| FREEZING | 23,681 | 1.1 |
| HEARING LOSS OR IMPAIRMENT (TRAUMATIC ONLY) | 21,354 | 1.1 |
| HEARING LOSS (OCCUPATIONAL DISEASE OR CUMULATIVE INJURY) | 16,805 | 1.1 |
| HEAT PROSTRATION | 25,519 | 1.1 |
| HERNIA | 21,437 | 1.1 |
| INFECTION | 31,648 | 1.1 |
| INFLAMMATION | 39,017 | 1.1 |
| LACERATION | 21,380 | 1.1 |
| MENTAL DISORDER | 53,947 | 1.1 |
| MENTAL STRESS | 33,435 | 1.1 |
| MULTIPLE INJURIES INCLUDING BOTH PHYSICAL AND PSYCHOLOGICAL | 115,529 | 1.1 |
| MULTIPLE PHYSICAL INJURIES ONLY | 76,563 | 1.1 |
| MYOCARDIAL INFARCTION (HEART ATTACK) | 59,566 | 1.1 |
| NO PHYSICAL INJURY | 25,608 | 1.1 |
| POISONING - CHEMICAL (OTHER THAN METALS) | 58,019 | 1.1 |
| POISONING - GENERAL (NOT OD OR CUMULATIVE INJURY) | 34,260 | 1.1 |
| POISONING - METAL | 28,121 | 1.1 |
| PUNCTURE | 25,512 | 1.1 |
| RESPIRATORY DISORDERS (GASES, FUMES, CHEMICALS, ETC.) | 34,577 | 1.1 |
| RUPTURE | 71,460 | 1.1 |
| SEVERANCE | 134,886 | 1.1 |
| SPRAIN | 30,798 | 1.1 |
| STRAIN | 32,959 | 1.1 |
| SYNCOPE | 28,498 | 1.1 |
| VASCULAR | 193,510 | 1.1 |
| VISION LOSS | 104,623 | 1.1 |
| ALL OTHER CUMULATIVE INJURIES, NOC | 40,596 | 1.1 |
| ALL OTHER OCCUPATIONAL DISEASE | 49,603 | 1.1 |
| ALL OTHER SPECIFIC INJURIES, NOC | 47,669 | 1.1 |