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3 Proven Ways to Reduce Your Workers’ Compensation Costs

Insperity

If you’re looking for ways to save on workers’ compensation insurance, you’re well aware of the direct costs that you pay in premiums. But what you may not have considered is the indirect costs of on-the-job accidents and injuries, which go beyond what you pay for workers’ compensation insurance.

Insurance 231
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How to reduce workers’ compensation costs: 3 proven strategies

Insperity

You’re probably well-aware of the direct costs you pay in workers’ compensation insurance premiums, but you may not have considered the indirect costs of on-the-job accidents and injuries. You may lose productivity, have to repair damaged equipment and property, and deal with lower employee morale and absenteeism.

Insurance 217
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Moving your business to another state: 5 HR questions to ask

Insperity

Before you start to pack any boxes, obviously, it’s wise to consult legal counsel. But understanding the costs of a business relocation goes beyond the mover’s initial estimate for hauling desks and office equipment. Consider these operating costs in the new state to help calculate the impact of relocating business to another state :

Payroll 264
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You need a data protection policy – Here’s the basics

Insperity

Unstructured data that resides in email accounts, remote servers and company equipment Who has access to edit or view the data The volume and aging of that data. Contact your company’s insurance provider, if you have cyber liability Insurance.

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5 practical pointers for managing uncommon workplace policies

Insperity

You may also need to consult your insurance company to find out if your policy covers dog-related issues such as bites or building damage. Will the benefits, such as lower turnover and potentially reduced healthcare costs, outweigh the extra expense and hassle of maintaining the space and equipment? Where do you draw the line?

Equipment 188
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Can ergonomics in the workplace boost employee retention?

Insperity

These illnesses and injuries cost employers in absenteeism, lost productivity and, quite often, higher insurance premiums. A consultant with this sort of expertise can help your company find affordable ways to improve your workplace ergonomics and possibly even provide training or a lunch-and-learn on the topic. Making ergonomics fun.

Equipment 172
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3 Proven Ways to Reduce Your Workers’ Compensation Costs

Insperity

If you’re looking for ways to save on workers’ compensation insurance, you’re well aware of the direct costs that you pay in premiums. But what you may not have considered are the indirect costs of on-the-job accidents and injuries, which go beyond what you pay for workers’ compensation insurance. Setting up your safety program.

Insurance 121