The Unexpected Cost of Accidents

If an employee is injured at work, the cost to you—and to them—may be more than you realized. Find out how a work-related injury affects both parties.


The Unexpected Cost of Accidents

When an employee slips, trips or falls, the cost to both the employer and the employee can be substantial. And, while these incidents have been declining over the past 10 years, they continue to be one of the most frequently reported injuries at work.

In 2013 (the most recent year reports are available from OSHA), slips trips and falls accounted for:

  • 25% of reported claims
  • 15% of all accidental deaths
  • 17% of disability occupational injuries

Most of these could have been prevented.

Cost to Employer

When a worker sustains an injury due to a slip, trip or fall, the costs to the employer include:

  • Lost productivity
  • Possible lost business
  • Increased insurance premiums
  • Cost to train a replacement

Cost to Employee

If the employer has workers’ compensation insurance, many of the employee’s medical costs will be covered. However, the employee may experience:

  • Pain
  • Temporary or permanent disability
  • Reduced quality of life
  • Depression
  • Death

According to EHS Today, wet walking surfaces are the cause for slips and falls 55% of the time. The average time off work due to a fall is 38 days.


The first step every business should take is to identify possible opportunities for slips, trips and falls. Prevention is the best defense against accidents and a few small changes can create a much safer work environment.

Safety measures include:

  • Keep floor surfaces clean and dry
  • Maintain clear aisles and passageways
  • Minimize carpet and mat trip hazards
  • Provide adequate lighting especially in hallways and stairwells
  • Keep cords and hoses out of the way

While the actual cost of work-related injuries can be significant, workers’ compensation insurance is an affordable way to handle the financial aspect of work-related injuries.

To find out how your practice can benefit from workers’ compensation insurance, contact our experienced team today at 800-769-2000, ext. 8180.

The information in the NCMIC Learning Center is offered solely for general information and educational purposes. It is not offered as, nor does it represent, legal or professional advice. Neither does this information constitute a guideline, practice parameter or standard of care. You should not act or rely upon this information without seeking the advice of an attorney familiar with the specific legal requirements of the state(s) in which you practice. If there is a discrepancy between the site and an insurance policy you have with NCMIC, the policy will prevail.