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Tag: Workers’ Compensation

Proactive workplace safety initiatives and risk management are essential to your company’s financial health.  Staff One delivers a comprehensive risk management and safety program that includes Pay-As-You-Go workers’ compensation coverage, specialized training, loss control management and OSHA compliance assistance.

A key to controlling Workers’ Compensation premium cost, is the management of factors that affect its experience modification factor (mod), a crucial component in the calculation of a company’s workers compensation premium.  Controlling your mod will help you to control your costs.  Here are a few tips to live by if you are trying to control this cost and your bottom line.

  1. Investigate accidents immediately and thoroughly. Take corrective action to eliminate hazards. Be aware of fraud.
  2. Report all claims to carrier immediately. Alert carrier to any serious, potentially serious, or suspect claims. Frequently monitor the status of the claim and communicate with the adjuster to resolve as quickly as possible.
  3. Take an aggressive approach to providing light duty to all injured employees upon their release from treatment. Supervise light duty employees to assure their conformance with restrictions.
  4. In serious cases that involve lost time, communicate with the claims adjuster so that they recognize your interest in returning the injured employee back to gainful employment.
  5. Set safety performance goals for persons with supervisory responsibility. Success in achieving safety goals should be used as one measure during performance appraisals for managers and employees.
  6. Develop a written safety program and train employees in their responsibilities for safety. Incorporate a disciplinary policy into the program, one that holds employees accountable for breaking the rules or rewards them for correctly following safety procedures.
  7. Frequently communicate with employees, on a formal and informal basis, regarding the importance of safety.
  8. Make safety a priority. Senior management must be visible in the safety effort and must support improvement.
  9. Evaluate accident history and near-misses at least monthly. Look for trends in experience and take corrective action on worst problems first, as soon as the problems manifest themselves
  10. If you don’t have the resources available internally to implement these suggestions, hire a third party who specializes in minimizing the risks.

DALLAS, TX. (March 26, 2009) – Staff One, Inc., a leading provider of HR Outsourcing solutions, today announced a new program that will help small and medium-sized companies optimize their Human Resources costs, stay current with new employment laws and gain access to benefits typically enjoyed by much larger companies.

The Staff One HR Outsourcing Business Stimulus Program is designed for businesses with fewer than 750 employees. Participants in the program will receive a wide array of HR services that are typically only available to FORTUNE 500 companies.

For additional details on the program, companies can visit www.staffone.com/stimulus. To qualify for the program, companies must contact Staff One prior to April 15, 2009 and become a client by June 1, 2009. Existing clients are not eligible for the program.

To read the full press release, click here.

About

Founded in 1988, Staff One is a leading Human Resources Outsourcing firm with an ESAC accredited and bonded PEO service offering. Staff One operates as a full-service human resources department and delivers a comprehensive range of solutions that provides our clients with a level of support and value previously only available at much larger companies. By aggregating the buying power of hundreds of firms, we provide premium benefits, risk management, compliance management, payroll outsourcing, tax administration and strategic HR services to our customers, so they can focus on growing their core business. For more information, visit www.staffone.com