Powered by GoogleTranslate

Slide 17

Slide 17


TEXT VERSION OF SLIDE:

  • Title: SALES TO COVER COSTS*
  • Type: Data Slide with Images
  • Content:
    • This table is best viewed on tablets, notebooks, or desktop computer screens.

      Accident Costs 1% Profit 2% Profit 3% Profit
      $ 1,000 $ 100,000 $ 50,000 $ 33,000
      $ 5,000 (circled in yellow) $ 500,000 $ 250,000 (Circled in yellow with note: It is necessary to sell an additional $250,000 in products or services to pay the cost of $5,000 annual losses $ 167,000
      $ 10,000 $ 1,000,000 $ 500,000 $ 330,000
      $ 25,000 $ 2,500,000 $ 1,250,000 $ 833,000
      $ 100,000 $ 10,000,000 $ 5,000,000 $ 3,330,000
  • * Source: OSHA's Safety Pays Web Site, 2004

    [Includes clipart image of money tree.]

    Speaker Notes:

    From the OSHA Safety Pays website.

    Another way to view the negative impact of even one accident on the business --

    If your profit averages 2% and Direct/Indirect costs total $5,000 then you need an additional 1/4 million dollars in sales to break even --

Back to Top

Thank You for Visiting Our Website

You are exiting the Department of Labor's Web server.

The Department of Labor does not endorse, takes no responsibility for, and exercises no control over the linked organization or its views, or contents, nor does it vouch for the accuracy or accessibility of the information contained on the destination server. The Department of Labor also cannot authorize the use of copyrighted materials contained in linked Web sites. Users must request such authorization from the sponsor of the linked Web site. Thank you for visiting our site. Please click the button below to continue.

Close