Cut the high workers’ compensation costs hammering your business with a smart approach to risk reduction and policy management.
One of the most substantial costs for your business is workers’ compensation insurance. Premiums can vary widely depending on your industry and a number of factors specific to your business, but this mandatory coverage could be anywhere from 5%-40% of payroll.
With so many factors influencing the rate you pay and the potential cost of an injury on those rates, it should be a major concern for your business. Fortunately, there are a lot of things you can do to reduce those rates. In our newest eBook, you’ll learn:
- 10 factors that influence workers’ compensation costs and what you can do for each.
- Prevention and safety tips you can implement now to reduce risk in your business.
- How reporting and claims response has a bigger impact than you realize on your rates.