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What Does an Accident Cost?
  Yearly
 Incident Costs
Profit Margin
1% 3% 4% 5%
$1000 100,000 33,000 25,000 20,000
$5000 500,000 167,000 125,000 100,000
$10,000 1,000,000 333,000 250,000 200,000
$25,000 2,500,000 833,000 625,000 500,000
$50,000 5,000,000 1,667,000 1,250,000 1,000,000
$100,000 10,000,000 3,333,000 2,500,000 2,000,000
 
 
It's not "Rocket Science".  It is either a Profit center or a Loss.

Even if you forget about Worker's Comp costs, the employee's pain and suffering, and all of the other factors that contribute to costs, dealing with OSHA, etc.

Accidents cost money. 

SO, cut your costs and your cost savings go DIRECTLY to your company's BOTTOM-LINE! 

What is your company's profit margin?  Your manager will know if you do not.

Just ask the question:  How many "things" will your company have to produce to cover the $1000 accident? 

How many more miles will your driver have to drive to cover your drivers accident and replace his $100,000 rig?

Let's talk today about reviewing your Safety Program.