Indirect Cost of Accidents 2


Indirect Cost of Accidents 2 : Those costs associated with accidental losses which are not easily observed or directly associated with the accident. These include the cost of lost time by others involved in the event, investigation costs, loss of goodwill or corporate image, hiring or training of new staff etc. See also: Direct Costs, Insured Costs and Uninsured Costs. An OSH glossary used in safety and health at work which is, adopted by ILO
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