Transitional Duty Cost Calculator*
*Calculation does not include many additional costs which a company incurs when an employee stays out of work longer than necessary, such as additional medical costs for unnecessary appointments and therapy.
| Estimated Number of Days Saved | |
| X | Estimated Average Indemnity Cost Per Day |
| = ________ | Total Estimated Savings of Bringing That Employee Back to Work on Transitional Duty |
| + | Cost of Replacement Labor |
| = ________ | Grand Total Cost of Employees Being Out of Work |
| / (ie: 6.5 not .065) |
Company Profit Margin |
|
________ is the amount of money it would take to "replace" the ________ on your company's bottom line. The Savings of a Transitional Duty Program from saving ____ lost days is: $________ | |