Safety & Workforce worked example

Incident Cost Calculator at 92% share of cost attributable to the incident: a worked example

This scenario runs the incident cost calculator calculation on the strong side: 92% share of cost attributable to the incident, with every other input held at its documented default. Use it when incident cost in safety and workforce is being put through a safety and workforce weighted-cost review.

The inputs for this scenario

  • Lost or affected labor hours: 100 units (unchanged)
  • Loaded cost per labor hour: 45 $ / unit (unchanged)
  • Share of cost attributable to the incident: 92 % (raised for this scenario; the documented default is 80)
  • Fixed one-time incident costs: 250 $ (unchanged)

Working through the calculation

  • Applying the documented formula (Weighted cost = quantity × rate × capture factor + fixed adjustment) to the inputs above produces each figure below.
  • At this operating point the engine returns 4,390 $ for total incident cost, the number this scenario is built around.
  • At this operating point the engine returns 43.9 $ / piece for incident cost per unit.
  • At this operating point the engine returns 4,140 $ for variable incident cost.
  • At this operating point the engine returns 250 $ for fixed incident cost adder.

How this compares with the baseline

  • Against the tool's baseline example, where share of cost attributable to the incident sits at 80% and the headline result is 3,850 $, this scenario comes in 14.03% above the baseline at 4,390 $.
  • Use it after an incident, near-miss, or downtime event to size the loss, or in advance to model the avoided cost that justifies a control. Treat this as a target state: the delta against the baseline quantifies what the improvement is worth before you commit to chasing it.

Results at a glance

  • Total incident cost: 4,390 $ (headline result)
  • Incident cost per unit: 43.9 $ / piece
  • Variable incident cost: 4,140 $
  • Fixed incident cost adder: 250 $

Run it with your numbers

  • Every input above is editable in the live Incident Cost Calculator calculator, which recalculates instantly and can be shared with the inputs intact.

Last reviewed 2026-05-12.