The challenge and cost of employee turnover is one of the most discussed, most frustrating and most misunderstood problems businesses face. CEO's have identified employee retention as one of their key challenges. Yet organizations continue to struggle with this costly issue. The science of psychological assessments has recently advanced, allowing the development of much more predictive assessment tools.
Workers' compensation insurance, commonly called workers' or workmen's comp, is a form of insurance designed to provide compensation to workers who have been injured while on the job.
While the details can vary significantly from one plan to the next, insurance plans in this category typically provide for some form of wage replacement, payment and/or reimbursement of medical costs, compensation for economic losses, possibly damages for pain and suffering, and settlements to the insured's dependents in the case of a fatal work-related accident. As a small business owner, you are a risk taker. There is excitement and challenge in such a venture, but to succeed you need good management information, an ability to be a good manager of people and the intelligence and inner strength to make the right decisions. From unnecessary risk taking, thousands of workers die each year and many suffer injury or illness from conditions at work.
Research, based on polls given to small and mid-sized managers and owners, has found that health and safety risk management is most likely to be outsourced. The research has found that although only a minority currently outsource many are considering outsourcing key corporate functions and the health and safety is at the top of the list. Only one in ten managers and business owners will outsource the management of accounting function; over 50% of these managers would consider or are currently outsourcing health and safety management.
Along with the recent website renovations, we have designed a new, simpler brochure about our services.
We don't like to think about people doing harm to ourselves or others. The reality, however, is that we live in a country with one of the highest rates of financial crimes, including embezzlement, fraud, theft, etc. And, that's just the beginning.
Let's look at just a few statistics on what the FBI reports is the fastest growing crime in the US - employee theft: Many millions of dollars a year are spent on buying chemical protective gloves to use as personal protective equipment. Gloves are available in a wide selection of natural and synthetic materials and range in price from a few cents to as high as seventy five dollars a pair.
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