What happens off-the-job can have a significant impact on your company's operations and finances. Employees and their families are much more likely to be involved in a crash away from work than on the job.
- Off the job crashes account for 80% of employer crash-related health fringe benefit costs
- and 92% of employer crash-related health care costs.
- Half of crash-related injuries force employees to miss work.
A valued employee may be absent for an extended period of time or permanently lost, causing your business to suffer.
In 2000, motor vehicle crashes that occurred both on and off-the-job cost employers approximately $60 billion:
- $41.5 billion from fringe and non-fringe cost benefits
- $18.4 billion from wage-risk premium amounts.
Almost half of the combined fringe and non-fringe costs of traffic crashes are attributable to off-the-job injuries to employees and their families.
In 2007, the overall cost of motor-vehicle crashes were estimated at approximately $257.7 billion which include medical and administrative expenses, property damage to motor vehicles, employer costs, lost wages and productivity.
Knowing the expenses associated with crashes and injuries, can your business afford not to develop and support a company-wide driving safety program?