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What could workplace injuries cost your company?
Learn how injuries can affect the bottom line.
Workplace Injury Cost Calculator
What's the financial impact of workplace injuries? Use our injury calculator to determine the true cost of an injury and how it can affect your bottom line.
What Is a Workplace Injury Cost Calculator and How to Use it?
Safety managers may need to track the cost of accidents by injury or illness by type or for worker’s compensation claims. Did you know there are nearly 50 injury types that can be tracked? This tool has them all. The tool itself uses profit margin, the average costs of an injury or illness and an indirect cost multiplier to project the number of sales needed to generate to cover those costs.
About the Injury Calculator
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Injury Calculation
Est. Direct Costs refer to costs that are directly related to the injury or illness such as workers’ compensation, medical expenses and costs for legal services.
Est. Indirect Costs refer to costs such as training replacement employees and lost productivity.
Sales to Cover for Direct Costs refer to the amount of extra sales needed to overcome the costs associated directly with the injury or illness.
Sales to Cover Indirect Costs refer to the amount of extra sales needed to overcome indirect costs associated with the injury or illness.
For more information about the calculations, please refer to the online documentation.
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Disclaimer: MSC provides these calculators for informational and planning purposes only. Actual results may vary. Any information entered into the calculator is completely confidential and will not be shared with any external party.
YOUR USE OF THESE CALCULATORS IS AT YOUR OWN RISK. THE CALCULATORS ARE PROVIDED “AS IS” AND “AS AVAILABLE.” MSC AND ITS SUPPLIERS DISCLAIM ALL WARRANTIES, EXPRESSED OR IMPLIED INCLUDING, WITHOUT LIMITATION, THOSE OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON INFRINGEMENT OR ARISING FROM A COURSE OF DEALING, USAGE, OR TRADE PRACTICE. WITHOUT LIMITING THE FOREGOING, NEITHER MSC NOR ANY PERSON ASSOCIATED WITH MSC MAKES ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY OR AVAILABILITY OF THE INFORMATION PROVIDED THROUGH THESE CALCULATORS, OR THAT THE CALCULATORS WILL BE ACCURATE, RELIABLE, ERROR-FREE OR UNINTERRUPTED.