Thanksgiving is here! and we all have a great deal to be Thankful for... including our employees and their well-being. Every business wants to ensure they do well by their employees, protecting them, and their business. As a for-profit company, you're in business to generate financial prosperity and drive the economy for your community and employees. Everyone ideally wins. Part of that prosperity is keeping your insurance premiums in check - doing all you can with prevention to keep the premiums as low as plausible. "That's where safety, monitoring, communication, employee engagement all come into play - and so does your insurance agent of choice," says Joe Convertino, Jr., President of CH Insurance.
Set up a Safety Program
What are some of the potential issues that impact your premiums? You may have to train replacement employees, adjust work schedules, investigate accidents and implement corrective measures. You may lose productivity, have to repair damaged equipment and property, and deal with lower employee morale and absenteeism. Your most effective way of combating these potential issues is to set up a safety program. A safety program has to be more than some documents. Only the support of top management and proper on-the-ground training will put it into practice (and make a real difference in employee safety, as well as controlling your workers’ compensation costs).
A safety program has to be more than some documents. Only the support of top management and proper on-the-ground training will put it into practice
Working with your Insurance Agent to keep your workers' compensation premiums as low as possible
Workers' compensation, along with most laws, varies by state. Workplace injury can cost your business precious resources. Here you can use the Occupational Safety & Health Administration’s (OSHA) $afety Pays tool to calculate the direct and indirect costs to your business. Knowing what's just around the corner for worker's compensation laws and how they continually shift is smart business. We're here to help - CH Insurance is in your corner. 315-234-7500.