Direct and Indirecet accident cost
by H.W.Henrich placed the Indirect cost as an average of 4 times the direct cost.
Tag: direct accident cost
ACCIDENT COST TO THE MANAGEMENT
Management suffers two types of costs; 1.Direct or Insured or Tangible costs 2.Indirect or Uninsured or Intangible (hidden) cost Direct Costs: ►This includes compensation paid …