How much money will a workplace injury cost your business? Work Health and Safety Queensland have developed a simple tool allows you to find out.
The tool, downloadable as a PDF document, helps you to calculate the costs of an injury which could occur in your workplace. 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. Download the injury cost calculator here: