What are the Typical Costs of Workplace Accidents?

2012 Slip and Fall Accidents Cost Businesses $13 Billion

The New Year is right around the corner, motivating business owners and operators to assess the budget and calculate anticipated expenses for 2017. However, many companies fail to factor in the costs of workplace accidents. Worst case scenario, your business is at risk of closing if ample funds aren’t available to pay lawsuits, workers’ compensation […]

Slips, Trips, and Falls Cost Business Owners $14 Billion

Across America, workplace accidents amounted to an estimated $14 billion in costs associated with worker’s compensation (source: Liberty Mutual Workplace Safety Index). Many more millions are thought to be lost to the additional negative side effects of slips, trips, and falls in the workplace. Such losses could include reduced productivity, decreased job satisfaction, employee turnover, […]