Alliance -- An OSHA Cooperative Program << Back to The Business Case For Safety


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Slide 21
 
    TEXT VERSION OF SLIDE:
    Title: SAFETY'S ROLE -- Financial
    Type: Text Slide with image
    Content:
    • Financial

      cost/benefit analysis

      cases for safety

      must include the "true costs"

      • Direct costs, and
      • Indirect "Hidden" costs
        • costs from high turnover rates, and
        • costs avoided
    Speaker Notes:

    Important that we use financial tolls (Return on Investment (ROI), Net Present Value (NPV), etc.) and language commonly used by industry/business to describe/communicate value.