The Indirect Costs of Workplace Accidents
Although no workplace accident is ever good news, many organizations feel confident saying they at least understand the direct cost of such incidents. However, the truth is that many companies tend to overlook the indirect costs, which can be just as damaging--if not more. Here's what you need to know about the indirect costs of workplace safety issues.
What Do Workplace Safety Problems Cost?
Employees and employers alike understand the importance of workplace safety; the most proactive even invest in workplace safety training courses to help build better work environments. But what happens if an accident does occur?
Let's take a look at the two types of costs associated with workplace incidents: