The Best Practice Profile Ranking, a part of the National Workers’ Compensation Management Score™ assessment module, pinpoints problem areas for multi-locations companies. It shows management the biggest areas of opportunity. Gives executives a sense of what the problems are and how widespread they are. Identifies whether the problems are at 2 business units or 200 …
National Workers’ Compensation Management Score™ Ranking
The National Workers’ Compensation Management Score™ Ranking lets you rank all divisions or locations in your company from Best-to-Worst. Whether you have 2 or 200 locations, you will know where to focus your cost containment efforts. It is a corporate-wide needs assessment. Use the Best-to-Worst Score Ranking to: Focus cost containment efforts on the locations …
Return to Work Ratio
Use the Return to Work Ratio to see how effective your transitional duty program is. Are employees who are injured on the job returning to work within an appropriate time frame? Or, are they out on comp for weeks at a time? Use the Return To Work (RTW) Ratio to monitor how many employees are …
Workers’ Compensation Best Practice Gap Analysis
The Workers’ Compensation Best Practice Gap Analysis for Multiple-Site Employers identifies the biggest areas of opportunity by pinpointing problem areas. It is part of the National Workers’ Compensation Management Score™ assessment module for multiple-site employers. The Workers’ Comp Best Practice Gap Analysis identifies how wide spread implementation is for EACH best practice. For example. if …
Benchmarking Report
Benchmarking is another way to measure the success of your Workers' Comp Management Strategies. Use benchmarking to establish a baseline. Benchmarks help you determine how well your company is doing and how much you can save. Find out if your company's losses are higher or lower than the national average – this affects your approach …
Recommendations for Improvement
Get your National Workers’ Compensation Management Score™ by answering questions in ten key areas. Once you know your score, we help you develop an Improvement Plan to bring your costs down. Then, based on your assessment results, you can plan improvements to reduce your costs. Once you know your National Workers’ Compensation Management Score™, where do you …
How Much Is Workers Compensation Insurance?
When you open or run a business, you need to determine whether workers’ compensation coverage is required. It probably is! How much is workers’ compensation insurance? The cost of workers’ compensation varies depending on the number of employees, how risky your business is, and whether any of your employees were injured in the past. It …
Free Forms to Help Reduce Your Workers’ Compensation Costs
Use these links to scroll to a description of the free forms available to help you reduce your annual Workers’ Compensation Expense. To receive a notice when our next free form is available, you may Join Our Email List to subscribe to our periodic newsletter. Kick-Off Letter/Email to Broker about WC Cost Containment Program Sample …
Industry Resource Partners
Trusted Sources for Workers’ Compensation Insurance Information & Assistance RIMS Whether you are new to the field or are simply undertaking new duties you may not know about one of the main resources in the field — Risk & Insurance Management Society, known as RIMS. Learn more about RIMS Advisen Advisen is for insurance executives …
RIMS: The Risk & Insurance Management Society
Professional Risk Management Resource: Many of our visitors are learning the ropes of insurance, risk management and workers’ compensation. Whether you are new to the field or are simply undertaking new duties you may not know about, one of the main resources in the field is the Risk & Insurance Management Society, known as RIMS. …
