Pedestrian accidents are not rare. In workplaces where heavy machines are used, such accidents occur regularly. They cause a lot of damage to the company, both material, and labor loss. The industry owners who want to prevent these accidents must choose to pay for the safety solutions if they want to avoid such mishaps. But is the price higher than covering the loss caused by pedestrian accidents? That’s exactly what we will discuss in this article today. We have compared the cost of damage caused by pedestrian accidents vs the cost of its prevention. Keep reading to find out!
➢ What Cost Does the Industry Need to Pay for Pedestrian Accidents?
A) Direct Costs
B) Indirect Costs
Digging Deeper into the Pedestrian Accident Costs
- Repair and replacement costs:
- Employee compensation:
- Reduced productivity
- Legal costs and fees:
- Loss of employees:
Prevent Pedestrian Accidents Using the Best Forklift Safety Solutions
After reading through you must have understood by now that preventing pedestrian injuries comes at a far reasonable cost compared to the losses brought by the accidents. The forklift safety solutions might be a bit costly, but they last for many upcoming years. If you do not install the forklift safety solutions on time, you will incur heavy losses each year. To get your hands on the best forklift safety solutions, visit the SharpEagle website.
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What is Costlier- Pedestrian Accidents or Prevention? - Sharpeagle.tv
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