Injury on the Job Could Term Paper

Total Length: 876 words ( 3 double-spaced pages)

Total Sources: 1+

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By doing an incident cost analysis, one can determine the amount of funds the organization will spend. The following costs will directly and indirectly billed to the organization.

Incident Cost Calculator Results

TitleDealing with Incident (immediate action)

Time

Hourly Rate

First Aid hrs

Taking Injured person to hospital

3 hrs

Making the area safe of Incident hrs

15.00 n

Putting-out fires

Investigation hrs

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

Staff time to report and investigate incident

4 hrs

Meetings to discuss incident

4 hrs

Time Spent with HSE Inspector

4 hrs

Consultant's Fees

40 hrs

Assessing/rescheduling work activities hrs

Recovering work/production (including staff costs) 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.

Salary costs of injured person

240 dys

Action to safeguard future business

Salary costs of replacement workers

240 dys

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

48 dys

Overtime costs

48 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

579 dys and 17.5 hrs

Table 1: Incident Costs.
(HSE Form).

These costs do not even include what the employee may be losing due to the injury. As the case is still pending further direct and indirect costs may escalate due to court fees and further compensation due. A rough estimate of personal cost to the employee is as follows:

Employee Expenses List:

Housing: £800.00 for 2 months = £1600

Food: £200.00 for 2 months = £400

Utilities: £200.00 for 2 months = £400

Petrol: £100.00 for 2 months = £200

Personal Items: £100.00 for 2 months = £200

Insurance: £100 for 2 months = £200

Weekly Doctor visits: £15 for 2 months = £120

Medications: £15 every 2 weeks = £60

Total: £3200

Please keep in mind this is a general list of everyday household expenses and does not include any other monthly expenses a person may have such as student loans, auto payments or credit cards.

Conclusion

Upon analyzing the number, it is safe to say that an incident of this nature can be quite costly not only in monetary terms but also regarding time and loss of opportunity for both the organization and the employee. This….....

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