Accident Can Give Rise to Term Paper

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Total Length: 742 words ( 2 double-spaced pages)

Total Sources: 1

Page 1 of 2

00 n

Putting-out fires

Investigation hrs

Immediate staff downtime (e.g. work activity stopped) hrs

Staff time to report and investigate incident

12 hrs

Meetings to discuss incident

12 hrs

Time Spent with HSE Inspector

8 hrs

Consultant's Fees

120 hrs

Assessing/rescheduling work activities hrs

Recovering work/production (including staff costs)

12 hrs

Cleaning up site and disposal of waste, equipment, products, etc.

Bringing work up to standard (e.g. product reworking time/costs) hrs

Repairing any damage/faults

Hiring or purchasing tools, equipment, plant, services, etc.

Loss of product (milk)

950 gallons

2.75 gallon

Action to safeguard future business

Salary costs of replacement workers dys

Lost work-time (people waiting to resume work, delays, reduced productivity, effect's on other people's productivity, etc.)

16 dys

Overtime costs

24 dys

Recruitment costs for new staff

Contract penalties

Reassuring customers

Providing alternative sources of supply for customers

Sanctions and penalties

Compensation claim payments thus far

Solicitor's fees and legal expenses

Staff time dealing with legal cases hrs

Fines and costs imposed due to criminal proceedings

Increase in insurance premiums 10 dys and 6 hrs

Table 1: Accident Costs.

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(HSE Form).

Conclusion

In closing after assessing the damages associated with this spill, it is safe to assume the accident was costly to the organization. It just goes to show how one moment in time can change the course of events for the people involved. Not only is it expensive but also it takes up a lot of time and energy to right the situation. Even with the element of damage control, it is still really difficult for an organization avoid costs like legal representation and other fees the government applies to such accidents. The government does this to recoup costs they incur because of the accident. These fees in turn are applied to public services that aid in learning from such accidents. An organization cannot avoid this kind of trouble but only remedy the situation with monetary compensation. It is not only finances that are lost but clearing up such ramifications can takes months to remedy and this time taken can serve as a lesson for management.

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