The costs for businesses when their employees are involved in car accidents on and off the job are staggering, at $72.2 billion a year, according to a new study.
The "Cost of Vehicle Crashes to Employers - 2019" study, released in March 2021 by the Network for Employers for Traffic Safety, looks at how much car crashes cost businesses in terms of workplace disruption and liability costs.
While the costs to companies when their workers are in on-the-job automobile accidents are easily measured, the costs to businesses when their employees miss work after accidents while off the job are almost as steep.
Employers end up paying in some way for injuries to their employees on and off the job, and to their dependents. As many as 1.9 million workdays are missed due to both on- and off-the-job accidents, resulting in lost productivity and training someone new to do the work.
For on-the-job accidents, there are also workers' compensation implications for each time an employee is injured in an accident, which can drive up your rates. Also, your firm would likely also be held liable if one of your driving employees injured a third party and/or damaged their property.
The top four causes of the accidents are:
What can you do?
With the above in mind, employers may want to consider holding meetings on safe driving for not only driver employees but all of them, since an off-the-job accident can result in injury or death to your worker or their loved ones.
The U.S. Centers for Disease Control has the following tips for employers:
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