I'm trying to understand the concept of invisible cost. Could you explain what it means and provide some examples of invisible costs that may arise in different contexts?
6 answers
FireFlyer
Tue Jan 14 2025
Direct costs are the "visible" expenses that organizations incur.
Stefano
Tue Jan 14 2025
Presenteeism, where employees are at work but not fully productive due to health issues, is another indirect cost.
Rosalia
Tue Jan 14 2025
Work disability, which results in long-term loss of productivity, also falls under indirect costs.
Davide
Tue Jan 14 2025
These costs primarily consist of medical claims and pharmacy expenses.
Isabella
Tue Jan 14 2025
In contrast, indirect costs are more challenging to measure precisely.