Have you ever wondered exactly how much the incidents in your company are actually costing you? Maybe you have a hard time convincing management that the cost of the measure you’re trying to put into place is justified because of the amount of money it will save but you need exact numbers.
The folks at Safe-Staff (http://www.safe-staff.com) have put together an online cost calculator to answer that question for you. Enter the number of incidents you have a week, the amount of timeyou spend recording, tracking and reporting each incident and the hourly rate the person managing the incident is paid and the calculator will give you a number.
Here’s a hint… the number is going to be a lot higher than you originally thought; in fact, with only one incident a week, your annual cost is almost 2 million dollars.