Safety & Workforce worked example

Incident Cost Calculator at 58% share of cost attributable to the incident: a worked example

This worked example runs the incident cost calculator numbers for a tougher week than the baseline: 58% share of cost attributable to the incident instead of the typical 80%. Estimate incident cost from incidents, average cost, and fixed response cost.

The inputs for this scenario

  • Lost or affected labor hours: 100 units (held at the documented default)
  • Loaded cost per labor hour: 45 $ / unit (held at the documented default)
  • Share of cost attributable to the incident: 58 % (the input this scenario stresses; the baseline uses 80)
  • Fixed one-time incident costs: 250 $ (held at the documented default)

Working through the calculation

  • The calculation starts from the formula this tool documents: Weighted cost = quantity × rate × capture factor + fixed adjustment.
  • Total incident cost works out to 2,860 $ at these inputs, and this is the headline figure for the scenario.
  • Incident cost per unit works out to 28.6 $ / piece at these inputs.
  • Variable incident cost works out to 2,610 $ at these inputs.
  • Fixed incident cost adder works out to 250 $ at these inputs.

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 25.71% below the baseline at 2,860 $.
  • 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. A result at this level usually justifies acting on the stressed input before touching anything else, because every other figure in the table is downstream of it.

Results at a glance

  • Total incident cost: 2,860 $ (headline result)
  • Incident cost per unit: 28.6 $ / piece
  • Variable incident cost: 2,610 $
  • Fixed incident cost adder: 250 $

Run it with your numbers

  • To rerun this with your own numbers, open the live Incident Cost Calculator calculator, set share of cost attributable to the incident to your actual value, and adjust the remaining inputs to match your operation.

Last reviewed 2026-05-12.