This lesson covers the Estimated Cost Impact card: how ReFresh models the financial cost your current psychosocial risk profile is creating, and how to read and adjust it.
What you'll cover:
The total. The estimated annual cost across all hazards, the Estimated badge marking it as modelled, and the Premium impact figure showing the potential effect on your workers' compensation premium.
Adjusting the salary input. Using the gear icon to set your real workforce average salary for a more accurate estimate.
Where the number comes from. The model is built on Safe Work Australia data.
The per-hazard breakdown. The bars showing how much each hazard contributes, and expanding the default view to all 17 hazards.
Key takeaways:
The figure is a modelled estimate, flagged by the Estimated badge, not a billed cost.
Set your workforce average salary in the settings panel so the estimate reflects your organisation.
The breakdown shows which hazards are driving the cost, so you can see where the financial impact is concentrated.
IN THIS COURSE
3
.
E5. How psychosocial surveys work
3
min
3
.
E6. Choosing the right survey template and designing your first assessment
3
min
1
.
E7. Distribution strategy
1
min
1
.
E8. Reading your risk profile
1
min
1
.
E9. Drilling into hazard categories
1
min
1
.
E10. Protective factors
1
min
1
.
E11. The cost impact model
1
min
1
.
E12. Survey trends
1
min
