Use these free calculators to help your management team understand your true Workers’ Comp expense and how it impacts your bottom line, as well as the annual revenue of your stakeholders:
Calculators
“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 …
Free Transitional Duty Cost Calculator
Will bringing an employee back to work sooner save your company money? Absolutely! Our RTW Cost Savings Calculator shows how much your company can save by bringing employees back to work sooner. Track your transitional duty savings each and every month. Use this quick and easy-to-use tool to show management how much your transitional duty …
Transitional Duty Cost Calculator
Estimated Number of days saved Estimated Average Cost per Day x Total estimated savings of briging that employee back to work on transitional duty = _____ Cost of Replacement Labor + Grand Total Cost of Employees out of work = _____ Profit Margin(%) / 6.5 not 0.065 Calculate Clear Results Grand Total : $0.0 $ …
