TEXT VERSION OF SLIDE:

• Title: SALES TO COVER COSTS^*
• Type: Data Slide with Images
• Content:

  • This table is best viewed on tablets, notebooks, or desktop computer screens.

    Accident Costs	1% Profit	2% Profit	3% Profit
    $ 1,000	$ 100,000	$ 50,000	$ 33,000
    $ 5,000 (circled in yellow)	$ 500,000	$ 250,000 (Circled in yellow with note: It is necessary to sell an additional $250,000 in products or services to pay the cost of $5,000 annual losses	$ 167,000
    $ 10,000	$ 1,000,000	$ 500,000	$ 330,000
    $ 25,000	$ 2,500,000	$ 1,250,000	$ 833,000
    $ 100,000	$ 10,000,000	$ 5,000,000	$ 3,330,000

^* Source: OSHA's Safety Pays Web Site, 2004

[Includes clipart image of money tree.]

Speaker Notes:

From the OSHA Safety Pays website.

Another way to view the negative impact of even one accident on the business --

If your profit averages 2% and Direct/Indirect costs total $5,000 then you need an additional 1/4 million dollars in sales to break even --