Incident Register - Costs

The Investigation tab of the Incident Register window allows you to lay out the costs associated with the accident and subsequent injury. This will give you an idea of how much unnecessary incidents are costing the company.

What where the medical costs associated with this incident?  Enter the total medical costs, including any prescription fees (including renewals), examination fees, and treatment fees (e.g. physiotherapy).

What were the costs of damage to company property?  How much would it cost to return the property to a resemblance of its original state?

How much time was spent by management in the administration of this incident?  Enter the length of time taken (in hours) for gathering the required incident details, recording the incident and processing the claim.

At what hourly rate?  Valuation for time spent by management. The total cost, i.e. the length of time multiplied by the hourly rate, is automatically calculated.

What was the cost of any downtime that may have occurred?  Due to workers or equipment being unavailable or not operating at full capacity.

What was the cost of any replacement staff to fill in for the injured person?  Hourly rate + recruitment fees x number of hours worked.

How many other hours were lost as a result of this incident?  Enter the amount of hours that would have been worked by the employee if the incident had not occurred.

At what average hourly rate? Valuation for other hours lost. The total cost, i.e. the length of time multiplied by the hourly rate, is automatically calculated.

The total cost of the incident is calculated and displayed at the bottom of the tab.