Scenario:
An employee is entering a work area and slips on a wet floor. After going to the emergency room, it has been determined that the employee has a sprained left wrist.
Questions:
1. What are some of the direct costs of this incident? Estimate the value of these costs.
2. What are some of the indirect costs? Estimate the value of these costs.
3. What is the estimated total cost of this incident? What does this number mean?
4. Search the internet for references to calculating direct and indirect accident costs. Post the links as a reply to the article in Link Sharing.