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Work-Injury Costs
 

Chart illustrating the cost of work-related injuries and deaths.
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Advocates of performance testing claim it helps reduce on-the-job injuries and deaths, which in 1993 cost the nation more than $111 billion and 75 million working days. Here's how that tab breaks down:

Wage and productivity losses $59.9 billion

Medical costs $20.7 billion

Administrative expenses $14.4 billion

Employer costs $9.7 billion

Damage to motor vehicles $4.1 billion

Fire losses $3.1 billion

Total: $111.9 billion

Source: "Accident Facts," National Safety Council, Itasca, Ill., 1994.

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Last updated: Apr 1, 1995

DONNA FENN is the author of Upstarts! How Gen-Y Entrepreneurs Are Rocking the World of Business and 8 Ways You Can Profit From Their Success, an exploration of the ways Gen Y is changing the entrepreneurial landscape.
@donnafenn




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