In today’s world, it’s more important than ever for businesses to be risk-aware and take measures to manage and reduce risk effectively. Reducing your company’s potential for workman’s compensation claims is beneficial in several ways. You will save money in the long run and reduce the risk of being sued for negligence.
Workman’s comp claims can be expensive for businesses, and there are several things that employers can do to help reduce this risk. Here are six tips to help reduce your company’s workman’s compensation claims risks. Click here for more information on workers comp insurance.
More Information On How To Reduce Workman’s Comp Claim Risks
Train Employees On Safety Measures
Employees who are better trained in safety measures are less likely to cause accidents. Make sure everyone on staff knows the rules and regulations for their position. If staff members know what’s expected of them and the potential risks involved in their work, they will be more mindful of their behavior and be less likely to cause an accident.
If your employees are unaware of potential hazards, they’ll likely be more careless and make mistakes that could have been prevented if they were better trained. Find out what OSHA has to say about your industry and what safety measures need to be implemented. Be sure to train all new staff members before they begin work so they are fully aware of the risks and know how to avoid accidents.
Update Equipment And Machinery
If you have any old or outdated equipment or machinery at your business, you need to get rid of it. Be sure to check your equipment and machinery regularly and replace any that are unqualified or pose a threat to your employees. Keeping all equipment in good condition will reduce the risk of injuries and accidents. Doing this will help keep workers safe and reduce workman’s compensation claims.
Implement A Drug And Alcohol Policy
Many workman’s comp claims are alcohol- or drug-related. This may be due to various reasons, such as using substances to cope with job stress or to help them stay awake longer. Implementing a strict drug and alcohol policy at your company is important. Make it clear that your business does not tolerate the use of drugs or alcohol while employees are on the job. A drug testing policy will help ensure that drug users are not hired.
Carefully Assess Candidates
Employers should thoroughly investigate and screen potential employees before hiring them. You can ask candidates to complete pre-employment questionnaires or assessments that help to identify any current health issues. Many employers also provide pre-employment physical examinations to help identify any potential physical problems that could lead to a workman’s comp claim. A thorough assessment of a candidate’s health and abilities will help reduce the risk of workman’s comp claims.
Keep an Eye Out for Fraud
Employers should keep an eye out for fraudulent worker’s comp claims. Be careful when deciding whether a claim is legitimate. Always review claims carefully; if you suspect fraud, let the insurance company know.
Embed Safety into Your Culture
Casualness regarding worker’s compensation costs is a sure route to disaster. When workers are on the job, they must follow specific procedures outlined in a safety manual. You should enforce this manual consistently to emphasize the importance of employee safety.
In conclusion, employers must proactively reduce workplace injuries and protect employees from work-related injuries. The steps outlined above will help keep you on the right track. Follow us for more information if you need to know about workman’s comp.