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 |
|---|---|---|
| AIDS | 36,618 | 1.1 |
| AMPUTATION | 96,003 | 1.1 |
| ANGINA PECTORIS | 67,582 | 1.1 |
| ASBESTOSIS | 67,327 | 1.1 |
| ASPHYXIATION | 202,995 | 1.1 |
| BURN | 47,192 | 1.1 |
| CANCER | 163,395 | 1.1 |
| CARPAL TUNNEL SYNDROME | 30,930 | 1.1 |
| CONCUSSION | 54,571 | 1.1 |
| CONTAGIOUS DISEASE | 10,788 | 1.1 |
| CONTUSION | 27,630 | 1.1 |
| CRUSHING | 67,003 | 1.1 |
| DERMATITIS | 9,681 | 1.2 |
| DISLOCATION | 75,190 | 1.1 |
| DUST DISEASE, NOC (ALL OTHER PNEUMOCONIOSIS) | 34,910 | 1.1 |
| ELECTRIC SHOCK | 158,218 | 1.1 |
| ENUCLEATION (TO REMOVE, EX:TUMOR, EYE, ETC.) | 102,817 | 1.1 |
| FOREIGN BODY | 21,959 | 1.1 |
| FRACTURE | 54,856 | 1.1 |
| FREEZING | 23,078 | 1.1 |
| HEARING LOSS OR IMPAIRMENT (TRAUMATIC ONLY) | 22,774 | 1.1 |
| HEARING LOSS (OCCUPATIONAL DISEASE OR CUMULATIVE INJURY) | 18,828 | 1.1 |
| HEAT PROSTRATION | 37,658 | 1.1 |
| HERNIA | 20,940 | 1.1 |
| INFECTION | 31,401 | 1.1 |
| INFLAMMATION | 39,122 | 1.1 |
| LACERATION | 21,872 | 1.1 |
| MENTAL DISORDER | 59,418 | 1.1 |
| MENTAL STRESS | 35,151 | 1.1 |
| MULTIPLE INJURIES INCLUDING BOTH PHYSICAL AND PSYCHOLOGICAL | 122,678 | 1.1 |
| MULTIPLE PHYSICAL INJURIES ONLY | 78,141 | 1.1 |
| MYOCARDIAL INFARCTION (HEART ATTACK) | 66,504 | 1.1 |
| NO PHYSICAL INJURY | 25,863 | 1.1 |
| POISONING - CHEMICAL (OTHER THAN METALS) | 27,282 | 1.1 |
| POISONING - GENERAL (NOT OD OR CUMULATIVE INJURY) | 46,447 | 1.1 |
| POISONING - METAL | 29,365 | 1.1 |
| PUNCTURE | 27,804 | 1.1 |
| RADIATION | 58,545 | 1.1 |
| RESPIRATORY DISORDERS (GASES, FUMES, CHEMICALS, ETC.) | 41,013 | 1.1 |
| RUPTURE | 68,656 | 1.1 |
| SEVERANCE | 162,429 | 1.1 |
| SILICOSIS | 149,852 | 1.1 |
| SPRAIN | 30,487 | 1.1 |
| STRAIN | 32,023 | 1.1 |
| SYNCOPE | 30,440 | 1.1 |
| VASCULAR | 190,945 | 1.1 |
| VISION LOSS | 75,885 | 1.1 |
| ALL OTHER CUMULATIVE INJURIES, NOC | 42,303 | 1.1 |
| ALL OTHER OCCUPATIONAL DISEASE | 47,253 | 1.1 |
| ALL OTHER SPECIFIC INJURIES, NOC | 53,955 | 1.1 |