Injury cost calculator
The injury cost calculator (PDF, 625.85 KB) is a tool that assists businesses to calculate the initial and often overlooked and uninsured costs of real and potential workplace injuries.
See the injury cost calculator applied to the following industries:
- Transport (PDF, 366.63 KB)
- Manufacturing (PDF, 366.6 KB)
- Construction (PDF, 272.9 KB)
- Rural (PDF, 412.52 KB)
What costs are included?
The calculator includes:
- incident costs, including first aid and transport of injured worker
- investigation costs, including time to cease production and investigate the incident
- damage costs, including assessment, repair and clean-up time
- replacement costs, including locating, hiring and training a replacement worker
- productivity costs, including disruption and claim management time.
What costs are excluded?
The calculator does not cover workers' compensation, general insurance (e.g. property/equipment) or any common law costs. You will need to add these costs to the total from the injury cost calculator for a more complete picture of the costs of a workplace injury.
The calculator does not include less tangible costs of a workplace injury, such as poor employee morale, absenteeism, and negative customer relations and business reputation.
What information do I need to start?
You will need to know the time taken on various activities involved with the incident, as well as the hourly rate of the people involved. If the incident involves damage to equipment you will need to be able to estimate the cost of repairing, replacing or hiring the equipment.
How do I use the calculator?
The calculator is made up of a series of questions that prompt you to consider specific costs of a workplace injury. If a question does not apply to your workplace or incident scenario, leave it blank.
The majority of the cost calculations are based on the time a person takes to perform a task associated with the injury scenario. Enter the time taken in hours in the column marked 'Time spent' (hr). If the task requires more than one person, add each person's times together. For example, if three people take one hour each to perform a task, you enter '3' in the Time spent column.
You then need to add the hourly rate of the person performing the task. Enter the hourly rate in the column marked Wage ($/hr). If the task requires more than one person to complete and they have different hourly wages, enter the average wage of the people involved. For example, if three people are involved and are paid at $15, $20 and $25 per hour, enter in $20 as the average wage.
The calculator will automatically calculate the total cost of this activity and display it in the final column. For example, the cost and wage scenario above (three hours at $20 per hour) appears in the final column as a cost of $60.
The other type of cost to enter is the purchase costs of goods and services, such as replacement parts, contract cleaners and temporary equipment hire. To estimate these costs, try looking up a previous purchase price or searching for equivalent prices in advertisements or on the internet.
Subtotals for the incident, investigation, damage, replacement and productivity costs will appear at the end of each page.
Once all the questions have been answered the costs entered will be automatically calculated and provided as the Total cost of injury on the last page.
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- Last updated
- 15 February 2016
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