Corporate cost of occupational accidents: an activity-based analysis.
The systematic accident cost analysis (SACA) project was carried out during 2001 by The Aarhus School of Business and PricewaterhouseCoopers Denmark with financial support from The Danish National Working Environment Authority. Its focused on developing and testing a method for evaluating occupational costs of companies for use by occupational health and safety professionals. The method was tested in nine Danish companies within three different industry sectors and the costs of 27 selected occupational accidents in these companies were calculated. One of the main conclusions is that the SACA method could be used in all of the companies without revisions. The evaluation of accident cost showed that 2/3 of the costs of occupational accidents are visible in the Danish corporate accounting systems reviewed while 1/3 is hidden from management view. The highest cost of occupational accidents for a company with 3.600 employees was estimated to approximately US$ 682.000. The paper includes an introduction regarding accident cost analysis in companies, a presentation of the SACA project methodology and the SACA method itself, a short overview of some of the results of the SACA project and a conclusion. Further information about the project is available at http://www.asb.dk/saca.
Rikhardsson
Pall M
PM
The Aarhus School of Business, Fuglesangs Allé 4, 8210 Aarhus, Denmark. par@asb.dk
Impgaard
Martin
M
D000062:Accidents, Occupational / Q000191:economics* / Q000517:prevention & control / Q000706:statistics & numerical data; D003365:Costs and Cost Analysis / Q000379:methods; D003718:Denmark; D006801:Humans; D016272:Occupational Health; D015279:Organizational Culture; D011362:Professional Corporations / Q000191:economics* / Q000706:statistics & numerical data; D013192:Staff Development / Q000191:economics