accident costs a company overall? Here are just some of the types of costs that Bartons incurred:
•Loss of production
•Repair work (machinery)
•Overtime for other workers to cover lost production
•Wages for (temporary) replacement worker
•Loss of time for manager/MD (investigation and helping HSE with enquiries)
•Lawyer expenses (those lawyers hey)
•Fines and court costs
•Increase in insurance premiums
This little episode cost the company about £60,000 overall. Not only that, the MD himself was prosecuted and two of Josh's mates were made redundant - to stop the company from going out of business. Only about £5,000 of this was covered in insurance. The company had to find the rest itself.