Compensation payable to the victim, which is likely to be met by insurance cover and will therefore result in an increase in insurance premiums.
First aid treatment cost.
Worker sick /medical pay.
Repairs to, or replacement of, damaged equipment and buildings.
Lost or damaged product.
Lost production time whilst dealing with the injury.
Overtime pay for the staff to make up for lost time.
Costs associated with the rehabilitation of the injured worker and their return to work.
Indirect Cost
Loss of staff from productive duties in order to investigate the incident, prepare reports, undertake hospital visits, deal with relatives, attend court proceedings.
Loss of staff morale (which impacts on productivity, quality and efficiency).
Cost of remedial action following an investigation, e.g. change of process or materials and /or introduction of further control measures.
Compliance with any enforcement notice served.
Loss of goodwill of customers following delays in production and fulfilling orders.
Activation of penalty clauses for failing to meet delivery dates.
Damage to public image and business reputation.
Damage to industrial relations, perhaps leading to industrial action( e.g. strikes)
Attorney fees.
Degraded client loyalty and support.
Slowed work pace due to other workers fear of injury.
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