1. When the overall cost of an accident is calculated, what elements make up the cost? Explain the differences between direct and indirect costs.
2. Summarize briefly the problems most widely associated with workers' compensation. What does the insurance industry use Experience Modification Rate (EMR) to determine? What is your current company's EMR - is it above 1.0 or below 1.0 and why does that matter?
3. Explain the difference between using "lagging indicators" and "leading indicators" and how each of these aid in measuring a company's safety performance and safety program.