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The cost of one typical injury is far more expensive than the cost of continuously improving safety.

ERI Solutions, Inc. has hundreds of years of combined experience providing health and safety consulting to various industries and has successfully helped our customers sustain workers compensation losses 30% better than their industry’s average.

  • Enter insurable cost of work related injury
  • Calculation based on Direct Cost x 5.5 = Indirect Cost
  • Total Cost = Direct Cost + Indirect Cost
  • Revenue from operations in the past year
  • Margin over the past year (%)
  • Average
  • Revenue lost due to worker's compensation claim(s) occuring.
  • Products/Services produced/performed with no profit due to worker's compensation claim(s) occurring.
  • Days of profit lost due to worker's compensation claim(s) occurring.
  • Send this report to your email address

*The direct cost of an injury are the easiest to see and understand. These costs include emergency room and doctor visits, medical bills, medicines, and rehabilitation. These are generally covered under your company’s workers compensation insurance. If your company is self-insured or part of a high deductible or alternative risk program like a captive insurance program, you may also pay all or a portion of this expense directly.

**Indirect costs of an injury are often overlooked. These costs can amount to 4 – 7 times the direct cost of the injury. Indirect costs include administrative time dealing with the injury and medical care, raised insurance costs, replacing the hours lost of the injured employee with hiring a new employee or paying overtime to an existing employee, loss of reputation and confidence in employees, legal costs, unwanted media, and more.