Most large US companies operate at a small profit margin--some as small as 1/2%. This means they earn only 1/2 cent for every dollar taken in. Profit margins of 1% to 5% are more common but this is still not a lot of “extra” money. Each time an accident occurs, the cost of the injury must be subtracted from profits.
Accident Prevention - Painless and Profitable
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- Parent Category: Toolbox Talks
- Source: SeaBright Insurance Company