Business Impact
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NEBOSH: Element 1: 10 Uninsured costs after an incident
Workplace accidents and ill health can result in more than just insurance costs. Ten significant uninsured costs include lost productivity, recruitment and training expenses, investigation time, administrative costs, equipment repair, legal fees, fines, employee morale, reputation damage, and long-term health expenses. Understanding these costs is vital for businesses to address workplace safety effectively.
Administrative Expenses, Business Impact, Employee Health, Employee Morale, Equipment Repair, Fines and Penalties, Health and Safety Regulations, Investigation Time, Legal Fees, Long-term Health Costs, Lost Productivity, Recruitment and Training, Reputation Damage, Risk Management, Safety Measures., Uninsured Costs, Workplace Accidents, Workplace Safety, Workplace Well-being
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