Measuring the Total Value of a Workers’ Compensation Policy

The law regulates certain components of Workers’ Compensation coverage, including benefits, coverage terms, and limits of liability. In this regard, all Workers’ Compensation policies are created equal, and therefore, offer the same value. However, beyond the regulated components, many other variables determine the total value of a Workers’ Compensation policy. These variables include: Premium Premium Read More

How to Minimize Workers’ Compensation Costs for the Staffing Industry

Second to payroll, workers’ compensation costs are the most significant expense fortemporary staffing companies. The continually changing number of employees means it’s important to maintain proper payroll and revisit it regularly to avoid payment miscalculations. Understanding job specifications is critical as inaccurate classification codes can lead to either overpayment, thus restricting cash flow or underpayment which often Read More