DVD Home Entertainment System
Saw Table

 

 
Direct/Indirect Costs of An Accident
Both direct and indirect costs should be included in the evaluation.
 
Direct Costs
  • physical damage to cargo
  • medical costs
  • lost time at work ('days away')
  • injuries
  • property damage
 
Indirect (Hidden) Costs
  • lost customers
  • lost sales
  • meetings missed
  • salaries paid to employees in accident
  • loss of employee performance
  • cost to hire and train replacement employees
  • supervisors' time
  • loss of personal property
  • replacement vehicle rental
  • damaged equipment downtime
  • accident reporting
  • accelerated depreciation of equipment
  • medical costs paid by company
  • poor public relations and publicity
  • government agency costs
  • increased public relations costs