One of the non-payroll services we offer is access to an innovative, pay-as-you-go workers’ comp policy. A lot of clients have told us how much they appreciate this plan because it saves them money on their insurance. We are glad to help.
Workers' comp may or may not be required for your business. Even if it is not, having a policy in place is still wise. Workplace injuries and the claims that arise from them are costly, and not having insurance could end up saddling your company with a financial liability it really doesn't need.
Insurance aside, we want to encourage our customers to better control workers' comp costs by being proactive. Workers' comp insurance is no different than any other insurance in that premiums are held in check by limiting claims. And the best way to limit claims is to proactively help workers avoid injuries.
Assess the Work Environment
Being proactive starts with assessing the work environment. Under what conditions do your employees do their work? Is there anything in the work environment that is potentially unsafe? Is there anything you could change to reduce the risk of injury?
A proactive assessment looks at a full range of things. It pays attention to whether office furniture is ergonomic or not. It considers obstructions in walkways, clutter in offices, and even the condition of the building in which people work. Anything revealed as potentially unsafe should be addressed right away.
Teach Employees Best Practices
Even the safest work environment is not entirely risk-free. Sometimes the way employees do their jobs contributes to workplace injuries more than anything else. A great example we are all familiar with is lifting. How many people have suffered serious back injuries because they did not know how to lift properly?
You can improve worker safety by teaching employees industry best practices. Teach them how to lift with the knees rather than the back. Teach them the proper way to work around forklifts. Teach them the proper way to use ladders, scaffolding, etc.
Adjust Sick Policies
It's a given that management doesn't like to see workers out for sickness. But sickness is what it is. Consider this: a sick employee is not likely to work at his or her best. Sickness can lead to a lack of concentration, a lack of effort, and a number of other things that could contribute to a workplace injury. Being proactive in this regard means adjusting sick policies to encourage people to stay home when they are sick.
Promote Employee Wellness
The previous three suggestions are probably things you have heard before. This fourth suggestion may be foreign to you, given that a lot of people do not talk about it. Here it is: being proactive means promoting employee wellness at the workplace and at home.
Statistics clearly show that unhealthy people are more prone to workplace accidents than their healthier counterparts. There is no bias intended here. The fact of the matter is that people who do not take care of themselves are less likely to be fit. A lack of fitness contributes to workplace injuries. That's just reality.
By promoting employee wellness through a variety of at-work programs, you can help your workers lead healthier lives in the long term. This should reduce workplace injuries commensurate to the level of fitness your company achieves.
Workers' compensation insurance is a part of modern business. If your current policy is strangling your company's cash flow, we invite you to contact us to learn more about our pay-as-you-go solution. In the meantime, start thinking proactively to control your workers' comp costs.