Work Accidents and Costs

Direct (Visible) Costs;

• First respond, ambulance and treatment costs,
• Payments of temporary or permanent incapacity to work or death payments,
• Pecuniary and non-pecuniary damages paid to the worker or his/her relatives,
• Compensations paid to the insurance.

Indirect (Invisible) Costs;

• Loss of a part of or whole institution, machinery, process or factory,
• Workforce and cost loss because of worker's not working in the production,
• Legal costs (Law court),
• The cost caused from the new worker’s low efficiency if a new worker is required for the work,
• The cost of overtime caused by the accident,
• Time and cost loss because of the cease of work in this department during the accident,
• Cost caused by the reparation or purchase of a new machine because the process, machine or counter is damaged partially or completely,
• Product or raw materials’ suffering damage,
• Direct or indirect slowdown strike of workers because of dispiritedness,
• If a new worker is needed, the cost caused by the time passing during the training of the worker and while the worker learns the work,
• Time spend and financial loss relating to bureaucratic procedures,
• Losses that will be incurred because the orders are not delivered in time