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“Sales to Pay for Accidents” Calculator

Workers Comp has many hidden costs, but just because you can’t see them doesn’t mean they don’t hurt you and hurt your business.
If you do a little arithmetic, based on your company’s Workers Compensation activities for the past year, you can see the full impact.
(Incurred Costs = all costs which have been paid and reserved.)

6.5 not 0.065

Clear Results
Grand Total :
$0.0

It takes $                         in sales to replace $                         your company spent on workers compensation.

The Grand Total represents the true cost of workers’ compensation. That is the amount of money the company spent ‘to pay for’ workers’ compensation.
In other words, to replace the cost of workers’ compensation losses on the bottom line, your company would have to increase sales by that amount. And, that amount cannot be reinvested or returned to stockholders. It is the same as if the sales dropped by that amount
The true cost is much larger than the amount executives see on the loss report.

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