According to the 2008 RIMS Benchmarking Survey, the cost per employee for employers with less than $1 billion in revenue rose 28.4% in 2007. Rising healthcare costs and a weak economy that inspires some workers facing layoffs to fake injuries are among the forces driving costs upward.
Employers fighting skyrocketing costs must take effective action now, says cost-control expert Rebecca Shafer, president of Amaxx Inc. “But employers are not helpless,” Shafer says. “They can cut their costs dramatically by taking a systematic approach to handling worker injuries and helping injured employees recover and get back on the job sooner.”
Shafer, who’s devoted her 25-year career to helping employers slash workers’ comp costs, has captured best practices in the online Workers’ Comp Kit. Now a new six-minute video reveals some of the cost-control secrets offered by the Kit.
“Doing a lot of little things, and a few big things, right makes an enormous difference—and employers that use these strategies and tactics have cut their costs by 20 percent to 50 percent,” she says. “The video provides a quick overview.”
View the video at http://www.reduceyourworkerscomp.com/workers-compensation-video.php
Also, visit www.ReduceYourWorkersComp.com, write Info@WorkersCompKit.com or call 860-553-6604.