July 9, 2012

Safety Cost Benefit Calculator

Try our free Safety Cost Benefit Calculator and find out if those safety initiatives are worth it.
The Cost Benefit Calculator measures the $$ value of implementing a chosen safety measure to offset the losses due to that safety measure. For example, you experience eye injuries at your company. So, you want employees to wear safety glasses. You have 130 eye injury claims a year and they average $143 per claim. Are the safety glasses worth it? Find out below:

Safety Measure to Evaluate

Cost Per Safety Measure

Number of Safety Measures Needed

Percentage of Claims Safety Measure Will Prevent

Current # of Claims Per Year

Average Cost of Claim

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