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The True Cost of Workplace Injuries

Workplace accidents are expensive.

Injuries and illnesses are one of the single largest costs for a business. Direct costs, indirect costs, and profit losses add up quickly. Take this example: An employee lacerates his finger. He is sent to the hospital and requires sutures.
Direct Costs - $1000
$1000
Hospital Bill

$1000
TOTAL DIRECT COSTS
Indirect Costs - $8609
$63
$15
$50
$108
$2479
$18
$21

$1600
$75

$180
$1500
​
​$2500
Wages paid for 3.5 hours off of job
Benefits paid for 3.5 hours off the job
Transportation to hospital
Overtime for operator to cover the remaining 4 hours
25% decrease in production of employee for 10 days
Four employees assist injured worker for 15 minutes
Seven employees discuss the incident for 10 minutes (70 minutes)
Employee sees the doctor for 2 follow up visits
Supervisor must investigate and fill out accident reports (1 hour)
Supervisor time juggling restricted employee
Administrative employees dealing with adjuster and bills
​Experience Mod impact for three years

$8609
TOTAL INDIRECT COSTS
TOTAL COSTS: $9609

In 2018, workplace injuries and illnesses cost the nation:

$170.8 billion

Source: National Safety Council

Investing in safety practices reduces the chance of occupational injury and illness. Sturgeon Consulting begins with a comprehensive baseline assessment of your operations and then develops a business plan to address the opportunities for improvement. We ensure your employees are well trained and your facilities are protected against preventable injuries. If an accident occurs, Sturgeon Consulting supports you throughout the process to reduce the cost effects.

Direct Costs

  • Workers’ Compensation Payments
  • Medical Expenses
  • Civil Liability Damages
  • Litigation Expenses
  • Property Losses

Indirect Costs

  • Workplace Disruption
  • Downtime & Loss of Productivity
  • Worker Replacement & Training
  • Increased Insurance Premiums
  • Administrative Time
  • Investigation & Implementation of Corrective Actions
  • Negative Publicity

Not all safety is made equal. With Sturgeon Consulting, you receive the most value for the best price.

Request a Free Consultation
71 Clark Street
Jackson Center, PA 16133

Call 724-662-1615
​[email protected]
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  • Home
  • About Us
    • Our Team
    • Contact Us
    • Careers
  • Programs & Services
    • Insurance Solutions
    • Safety Program Management
    • Environmental Program Management
    • Management Programs
    • Human Resources
    • Workers' Compensation
    • Training
    • OSHA Compliance
  • Resources
    • COVID-19
  • Why Sturgeon Consulting?
    • Testimonials