Ways To Reduce The Cost Of Workers Compensation
Title | Ways To Reduce The Cost Of Workers Compensation PDF eBook |
Author | Jaime Harpole |
Publisher | |
Pages | 130 |
Release | 2021-05-20 |
Genre | |
ISBN |
The way that your worker's compensation cost is calculated is a straightforward formula. Your rate is decided by a few factors, the state in which your company is located and the type of business you own. Then this rate is multiplied by your total payroll and then divided by 100. This book walks you through Cutting-Edge Strategies to dramatically reduce your workers' compensation costs, control your cost drivers and improve your risk profile. Implementing these strategies has consistently reduced costs and premiums by an average of 23% in just one year and 52% over five years. Taking control of your workers' compensation costs and premiums requires an understanding of what is driving costs as well as knowing how to make your business more attractive in the insurance marketplace.
Lower Cost Of Workers Compensation
Title | Lower Cost Of Workers Compensation PDF eBook |
Author | Marcela Travali |
Publisher | |
Pages | 130 |
Release | 2021-05-20 |
Genre | |
ISBN |
The way that your worker's compensation cost is calculated is a straightforward formula. Your rate is decided by a few factors, the state in which your company is located and the type of business you own. Then this rate is multiplied by your total payroll and then divided by 100. This book walks you through Cutting-Edge Strategies to dramatically reduce your workers' compensation costs, control your cost drivers and improve your risk profile. Implementing these strategies has consistently reduced costs and premiums by an average of 23% in just one year and 52% over five years. Taking control of your workers' compensation costs and premiums requires an understanding of what is driving costs as well as knowing how to make your business more attractive in the insurance marketplace.
Rate Regulation of Workers' Compensation Insurance
Title | Rate Regulation of Workers' Compensation Insurance PDF eBook |
Author | Patricia Munch Danzon |
Publisher | American Enterprise Institute |
Pages | 196 |
Release | 1998 |
Genre | Business & Economics |
ISBN | 9780844739335 |
In the 1980s and the early 1990s, America's system of workers' compensation insurance was in trouble. As medical costs grew and benefits and compensable injuries expanded, costs of this insurance skyrocketed. In response, the states imposed price controls, but those controls caused unforeseen--and negative--consequences. The authors define the problems, trace the regulatory responses, and analyze the effects of rate regulation.
How To Control Workers Compensation Costs
Title | How To Control Workers Compensation Costs PDF eBook |
Author | Yasmine Joy |
Publisher | |
Pages | 130 |
Release | 2021-05-20 |
Genre | |
ISBN |
The way that your worker's compensation cost is calculated is a straightforward formula. Your rate is decided by a few factors, the state in which your company is located and the type of business you own. Then this rate is multiplied by your total payroll and then divided by 100. This book walks you through Cutting-Edge Strategies to dramatically reduce your workers' compensation costs, control your cost drivers and improve your risk profile. Implementing these strategies has consistently reduced costs and premiums by an average of 23% in just one year and 52% over five years. Taking control of your workers' compensation costs and premiums requires an understanding of what is driving costs as well as knowing how to make your business more attractive in the insurance marketplace.
5 Proven Strategies for Reducing Workers’ Comp Costs
Title | 5 Proven Strategies for Reducing Workers’ Comp Costs PDF eBook |
Author | |
Publisher | Business & Legal Reports, Inc. |
Pages | 22 |
Release | 2006 |
Genre | Law |
ISBN | 1556453493 |
Getting to Zero
Title | Getting to Zero PDF eBook |
Author | Janice Berthold |
Publisher | |
Pages | 46 |
Release | 2018-01-31 |
Genre | |
ISBN | 9781984919922 |
Getting to Zero How to Slash Workers Compensation Costs, Minimize Risk, and Improve Your Bottom Line Workers' compensation is one of the biggest expenses after payroll for a company, so finding ways to reduce it can have a huge impact. I help CFOs, controllers and those in human resources look like heroes in their companies by reducing worker' comp costs, minimizing risk in the company, and improving the bottom line.
Managing Workers' Compensation
Title | Managing Workers' Compensation PDF eBook |
Author | Keith Wertz |
Publisher | CRC Press |
Pages | 206 |
Release | 2000-12-07 |
Genre | Business & Economics |
ISBN | 1040075614 |
Laying out management and safety procedures that reduce injuries and the aggravation that follows, this book covers hiring, training, and managing employees with injury avoidance in mind. The authors provide a blueprint for dealing with injured employees and their families, and for determining the correct time for the employee to return to work. The book discusses the all-important issues of fraud, modified duty, substance abuse testing, and accident investigations. It also provides guidance for managing safety efforts in a manner that controls workers' compensation cost. The book shows readers how they can impact - favorably - the amount their organization pays in premiums.